# Parboiled rice rates spring to record highs on low supplies, firm demand | News - Business Standard

> Parboiled rice from India rose to record highs this week at $533-$542 per ton, while prices eased in Vietnam and Thailand. Traders cited limited supplies after government paddy buying and new-crop milling, alongside steady demand from Asian and African buyers.

- Date: 2024-01-26 · published 2024-01-26T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/32201-parboiled-rice-rates-spring-to-record-highs-on-low-supplies-firm-demand-news
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Tight Indian supplies and possible further export curbs support global rice prices, though slow trade and the coming Mekong harvest could cap gains.

## Read by commodity

- RICE: bullish ▲

## Sources

- business-standard.com: https://www.business-standard.com/industry/news/parboiled-rice-rates-spring-to-record-highs-on-low-supplies-firm-demand-124012600080_1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.