# India rice rates ease on falling rupee, demand; Thai harvest to augment supply

> Indian 5% broken parboiled rice export quotes eased to $376-$383 per tonne from a four-month high as the rupee weakened and African demand stayed sluggish. Thai 5% broken rice was quoted at $380-$400 per tonne FOB Bangkok, with traders expecting prices to fall as the new harvest arrives.

- Date: 2019-01-03 · published 2019-01-03T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/61162-india-rice-rates-ease-on-falling-rupee-demand-thai-harvest-to-augment-supply
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A weaker rupee lowers Indian export prices and the new Thai harvest adds supply, both pointing to softer Asian rice benchmarks. Feed buyers using broken rice or rice bran should expect little near-term price support.

## Read by commodity

- RICE: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/reuters/india-rice-rates-ease-on-falling-rupee-demand-thai-harvest-to-augment-supply-119010300627_1.html

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