# Rice Updates - Mundus Agri

> Indian 5-percent broken parboiled rice rose $3 to $387-392 per tonne on a stronger rupee and higher local paddy prices. IGC estimates put India's 2017-18 rice output near 11 million tonnes and exports near a record level.

- Date: 2017-05-02 · published 2017-05-02T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/70988-rice-updates-mundus-agri
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A stronger rupee makes Indian rice less competitive in dollar terms, which offsets part of the price support from firmer domestic paddy, leaving export prices mixed.

## Read by commodity

- RICE: neutral

## Sources

- mundus-agri.eu: https://www.mundus-agri.eu/news/rice-updates.n1198.html

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