# Asia rice: India loses out on some orders as prices near 2-month high - Markets - Business Recorder

> India's 5% broken parboiled rice rose to $360-$365 per tonne, the highest in nearly two months, as the rupee appreciated. Demand was tepid because buyers shifted to cheaper Myanmar and Pakistani rice, while Vietnam's 5% broken rose to $410-$420 per tonne on firmer demand.

- Date: 2021-09-16 · published 2021-09-16T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/45156-asia-rice-india-loses-out-on-some-orders-as-prices-near-2-month-high-markets
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A stronger rupee lifts Indian dollar export prices, but buyers switching to cheaper origins limits how far Asian rice prices can rise. Vietnam's firmer quotes point to modestly higher Asian rice values.

## Read by commodity

- RICE: bullish ▲
- USDINR: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/40120695

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