India, Oct. 18 -- India's rice export prices declined to four-month lows this week on subdued demand from Asian and African buyers. Prices for India's 5 percent broken parboiled variety fell to $365-$370 per tonne from $368-$372 a week ago Reuters reported.India's rice exports in August fell 29% year-on-year to 644 249 tonnes due to weak demand from African countries for non-basmati rice among other factors.Rice shipments during the first five months of the 2019/20 financial year plunged 27% year-on-year to 3.8 million tonnes the data showed.
Published by HT Digital Content Services with permission from Commodity Online....