Rice prices steady amid sluggish demand
Commodity Online | August 10 2018
UPDATED 16:52:05 IST

US decision to end Iran Oil waiver to affect India's exports: TPCI

Cotton mills turn to imports as domestic prices rise

LME launches consultation on introduction of responsible sourcing standards across listed brands

MCX bags SEBI approval to launch future trading in cash crop Arecanut

India’s Oilseed production may rise 8% in 2019-20: USDA

Rice prices in India held steady this week as concerns over lower production due to below-normal rainfall offset sluggish demand in the world’s top Rice exporter.

Prices for India’s 5 percent broken parboiled variety were hovering between $392-$396 per tonne this week, unchanged from last week.

“Rice planting has been lagging due to poor rainfall. Yields could (be) impacted if rainfall fails to improve next week,” industry sources said.

Farmers in India had planted summer-sown paddy Rice on 26.27 million hectares as of Aug 3, down 4.2 percent from a year ago.

Thailand’s benchmark 5 percent broken Rice rose slightly to $390-$395 per tonne this week free on board (FOB) Bangkok, from $385-$393 last week.

Meanwhile in Vietnam, rates for 5 percent broken rice were $395-$400 a tonne, up from $385-$395 a tonne a week ago.


Commodity Arrivals Rate
Mustard Oil 220 10750.00
Coconut Oil 0.1 21000.00
Arecanut 4.5 2200.00
Sugar 0.4 4000.00