# India rates climb to over 2-month peak as rivals offer higher prices

> Indian parboiled rice prices rose to a two-month high of $510-$517 per ton as rival hubs offered higher prices. Vietnam's 5% broken rice was offered at $653, and Thai prices eased to $650 after reaching multi-year highs the prior week.

- Date: 2024-01-08 · published 2024-01-08T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/32206-india-rates-climb-to-over-2-month-peak-as-rivals-offer-higher-prices
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Limited supplies and firm Asian demand keep export rice prices elevated, supporting global rice values while India's export ban limits available supply.

## Read by commodity

- RICE: bullish ▲

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/india-rates-climb-to-over-2-month-peak-as-rivals-offer-higher-prices/

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