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India Rice export prices rise on strong Rupee
Commodity Online | July 12 2019
UPDATED 11:08:24 IST

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Rice export prices in India extended gains this week helped by a stronger rupee.

India's export prices of the 5 percent broken parboiled variety were quoted around $374-$377 per tonne this week, up from last week's $371-$374, Reuters reported.

The Indian rupee on Thursday rose to its highest level in 11-months, trimming exporters returns from overseas sales.

The Indian government has also raised the price at which it will buy new-season common rice varieties from local farmers by 3.7%.

 

Commodity Arrivals Rate
Mustard Oil 40 8600.00
Coconut Oil 0.1 15100.00
Arecanut 20 24500.00
Sugar 86 3322.00

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