India, March 18 -- Rice export rates in India increased last week due to an appreciation in the rupee even as demand remained moderate while Thai traders struggled with a lack of interest from foreign markets due to high prices. India's 5 percent broken parboiled variety rose to $386-$389 per tonne from earlier week's $383-$386.The rupee was trading near its highest level in more than two months trimming returns from overseas sales for traders in the world's biggest exporter of the staple.In Thailand the world's second-biggest rice exporter benchmark 5 percent broken rice prices were quoted at $380-$385 free on board Bangkok mostly unchanged from last week's $380-$390.
Published by HT Digital Content Services with permission from Commodity...