Impact of Lower Rice Export Prices by Vietnam and Pakistan on Indian Exports:

05-Feb-2025 10:35 AM

Impact of Lower Rice Export Prices by Vietnam and Pakistan on Indian Exports:
★ The weakening of the Indian Rupee against the US Dollar is also affecting export prices.
★ Rice prices in Vietnam are at a 4-year low, while in India, white rice prices have hit a 2-year low.
★ On Monday, the prices for Thai white rice (5% broken) were $438 per ton, Vietnam's $410, India's $420, and Pakistan's $415.
★ Prices for Thai white rice (25% broken) stood at $415, Vietnam's $385, India's $405, and Pakistan's $360-395 per ton (FOB farm).
★ The price of parboiled rice from Thailand is $450 per ton, while India's is $435 per ton.