# Broken rice rules firm on strong overseas demand, tight supply   - The HinduBusinessLine

> 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.

- Date: 2022-05-26 · published 2022-05-26T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/41473-broken-rice-rules-firm-on-strong-overseas-demand-tight-supply-the
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

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.

## Read by commodity

- RICE: bullish ▲
- USDINR: bullish ▲

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/broken-rice-rules-firm-on-strong-overseas-demand-tight-supply/article65463657.ece

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