
global
Overall, the Asian rice market last week saw a widespread price increase across major export centers due to supply concerns and expectations of a demand recovery. In India , export rice prices surged to their highest level in over a year due to the strengthening Rupee and concerns about declining supply. Specifically, Indian parboiled rice with 5% broken grains was offered at $384-389 per ton, up from $378-384 per ton the previous week. The price of white rice with 5% broken grains also increased to around $385-390 per ton.