Indian parboiled rice prices surge as global buyers look to shift from white rice
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Photo By Agrihunt
Prices of Indian parboiled (boiled) rice have increased by over $50 a tonne over the last couple of weeks on export demand following the government’s ban on shipments of non-basmati white (raw) rice.
Exporters were quoting prices between $460 and $500 a tonne (free-on-board), though some are wary of signing new deals as prices are swinging up and down on a daily basis.
