# India rice export prices driven up by higher local rates-September 2024-www.financetom.com

> Indian rice export prices recovered slightly from 21-month lows, with 5% broken parboiled quoted at $362-$369 per tonne as higher local paddy prices raised costs. Thai prices were roughly flat, and traders expect orders from the Philippines before year-end.

- Date: 2018-11-08 · published 2018-11-08T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/62120-india-rice-export-prices-driven-up-by-higher-local-rates-september-2024-www
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Higher Indian government-set paddy prices raise the floor for export quotes, but muted overseas demand limits the upside for world rice prices.

## Read by commodity

- RICE: neutral

## Sources

- financetom.com: https://www.financetom.com/economy/india-rice-export-prices-driven-up-by-higher-local-rates-125638.htm

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