Rice prices top $600/tonne in global market except Indian parboiled
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Prices of all varieties of rice in the global market are ruling above $600 a tonne, barring Indian parboiled 5 per cent broken and Thailand 25 per cent broken white rice following India’s ban on white rice shipments from July 20.
The huge surge in prices, seen after almost a decade-and-a-half, has now led to fears among global traders that Thailand and Vietnam could resort to curbs on exports, while India could either ban or impose export on parboiled rice exports, traders have said.
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