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Indian 5% broken parboiled rice fell to $539-$545 per ton as buyers held off purchases. The rupee hit a record low, which raised exporters' returns on overseas sales.
Weak demand and a cheaper rupee are pushing Indian export offers lower, adding pressure on global rice prices.
brecorder.comReutersAug 8, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
