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Indian exporters have lowered non-basmati rice prices slightly because the rupee weakened about 3%. Broken rice is holding firm on tight export supply and demand from China, Indonesia and Senegal, and India's FOB broken rice is around $330 per tonne.
Tight broken rice supply and feed-grade demand support prices for rice byproducts used in animal feed, even as currency weakness trims headline export quotes.
thehindubusinessline.comVishwanath KulkarniMay 26, 2022Not 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.
