{"id":6297,"date":"2023-08-04T10:35:10","date_gmt":"2023-08-04T10:35:10","guid":{"rendered":"https:\/\/ricenewstoday.com\/dev\/?p=6297"},"modified":"2023-08-04T10:35:12","modified_gmt":"2023-08-04T10:35:12","slug":"asia-rice-india-export-curbs-push-prices-to-new-highs","status":"publish","type":"post","link":"https:\/\/ricenewstoday.com\/dev\/asia-rice-india-export-curbs-push-prices-to-new-highs\/","title":{"rendered":"Asia rice: India export curbs push prices to new highs"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/08\/image-29.png\" alt=\"\" class=\"wp-image-6298\" srcset=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/08\/image-29.png 1024w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/08\/image-29-600x450.png 600w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/08\/image-29-300x225.png 300w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/08\/image-29-768x576.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>MUMBAI\/HANOI \/BANGKOK\/DHAKA: A blistering rally in rice export prices from top Asian hubs showed no signs of letting up this week, as fears over supply of the staple remained following top exporter India\u2019s recent ban on exports of non-basmati white rice.<\/strong><\/p>\n\n\n\n<p>Thailand\u2019s 5% broken rice prices jumped to a 15-year high of $627-$630 per metric ton from $545 last week.<\/p>\n\n\n\n<p>The quoted prices are very high, so no sales are being made, a Bangkok-based trader said, adding that some new supply could reach the market later this month.<\/p>\n\n\n\n<p>Another trader said Thailand should be able to reach its target of 8 million tons in exports but would have to closely monitor the situation in India. India\u2019s 5% broken parboiled variety was quoted at a record $450-$455 per ton as demand shifted towards the grade after the export ban.<\/p>\n\n\n\n<p>\u201cParboiled prices are going up as that\u2019s the only grade India allowed for exports. Demand is lower than normal because of higher prices,\u201d said an exporter. Vietnam\u2019s 5% broken rice was also offered at a 15-year high of $590-$600 per ton on Thursday, up from $550-$575 a week ago. \u201cPrices continue to rise after India and some other countries restricted their exports,\u201d a trader based in Ho Chi Minh City said.<\/p>\n\n\n\n<p>\u201cWe don\u2019t know yet to what extent the prices will increase.\u201d Domestic paddy rice prices have also risen strongly over the past two weeks to 6,800-7,200 dongs ($0.29-$0.30) per kilogram on strong demand from exporters and processors, traders said. Vietnam\u2019s total rice exports this year were expected to rise to 7.8 million tons from 7.1 million tons recorded last year, the head of the country\u2019s Department of Crop Production said on Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI\/HANOI \/BANGKOK\/DHAKA: A blistering rally in rice export prices from top Asian hubs showed no signs of letting up this week, as fears over supply of the staple remained following top exporter India\u2019s recent ban on exports of non-basmati white rice. Thailand\u2019s 5% broken rice prices jumped to a 15-year high of $627-$630 per metric [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6298,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176],"tags":[46,167,160],"class_list":["post-6297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-asian-rice","tag-indian-rice","tag-rice-export"],"acf":{"enable_premium_overlay":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Asia rice: India export curbs push prices to new highs - Rice News Today<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asia rice: India export curbs push prices to new highs - Rice News Today\" \/>\n<meta property=\"og:description\" content=\"MUMBAI\/HANOI \/BANGKOK\/DHAKA: A blistering rally in rice export prices from top Asian hubs showed no signs of letting up this week, as fears over supply of the staple remained following top exporter India\u2019s recent ban on exports of non-basmati white rice. 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