# Rice prices in India reach high as the Rupee strengthens; Thai Baht fall

> Indian 5% broken parboiled rice was quoted at $362 to $365 per tonne, its highest since late July, as a stronger rupee reduced export returns and supply was limited. Thai 5% broken prices fell to $385 to $390 per tonne as the baht weakened and high shipping costs deterred buyers.

- Date: 2021-10-23 · published 2021-10-23T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/44640-rice-prices-in-india-reach-high-as-the-rupee-strengthens-thai-baht-fall
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Export prices are moving in different directions across the main Asian suppliers, so the global benchmark is mixed. Thai weakness and higher freight could shift buying toward Indian and Vietnamese rice.

## Read by commodity

- RICE: neutral

## Sources

- agrinews.in: https://agrinews.in/rice-prices-in-india-reach-high-as-the-rupee-strengthens-thai-baht-fall/

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