Indian rice prices up 10% in global market, affect export demand
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Prices of Indian rice have increased by nearly 10 per cent over the past couple of weeks in the global market, but still they continue to be competitive as prices of the cereal from other origins have also gone up. However, the high prices have dried up export demand.
“Indian rice prices have gone up by 5-10 per cent recently but this is the usual case with it during the lean season from July-September,” said BV Krishna Rao, President, The Rice Exporters Association of India (TREA).
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