Indian parboiled milled rice 5% price hits 10-month low ahead of new crop arrival

Indian parboiled milled rice 5% STX price reached a 10-month low Oct. 8, with Platts assessing it at $489 per metric ton FOB, down 3% on the year, due to the reduction in export duty on parboiled rice and new crop arrival pressure, S&P Global Commodity Insights data showed. Indian PB 5% retains its competitiveness among other origins despite a…Indian parboiled milled rice 5% STX price reached a 10-month low Oct. 8, with Platts assessing it at $489 per metric ton FOB, down 3% on the year, due to the reduction in export duty on parboiled rice and new crop arrival pressure, S&P Global Commodity Insights data showed. Indian PB 5% retains its competitiveness among other origins despite a…Read More