1/5/2025, 5:27:02 pm

Strong rupee lifts Indian rice prices despite tepid demand

Indian rice prices rose to a near one-month high, with 5% broken parboiled variety at $390-$397 per ton, driven by a stronger rupee despite weak demand. Thai rice prices remained steady at $410 per ton due to low demand and ample supply. Bangladesh lifted its aromatic rice export ban, allowing up to 25,000 tonnes, amid rising domestic prices.