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Asia rice: Weak demand, high supplies push Indian prices to lowest since June 2023.

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  ricenews / 1 year
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• 2 min read

Reuters BENGALURU/ MUMBAI/BANGKOK/HANOI AND BANGLADESH: Indian rice prices fell this week to their lowest level since June 2023 on sluggish demand and ample supplies, while Thai rice export prices held steady near an over two-year low. India’s 5% broken parboiled variety was quoted at $395-$401 per tonne, down from the last week’s $403-$410. “Buyers are […]