India rice rates gain on higher demand; growing supplies cap upside

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Rice prices in Asia have increased, with export rates for the parboiled variety in India rising due to improved demand. The new season crop's increased supplies have further boosted prices. India's 5% broken parboiled variety was quoted at $493-$503 per ton, despite paying a 20% export duty.

from Agriculture-Economy-News-Economic Times https://ift.tt/HrNUxTf

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