India, March 22 -- Demand for Indian rice in overseas markets slowed as export prices of the commodity rose to their highest level in more than seven months as the rupee appreciated. India s 5 percent broken parboiled variety was quoted around $392-$395 per tonne this week up from $386-$389 last week.The Indian rupee was trading near its highest level in seven months trimming returns from overseas sales for traders in the world s largest rice exporter.Meanwhile in Vietnam rates for 5 percent broken rice were in line with last week s $360 a tonne.Thai benchmark 5 percent broken rice prices were quoted at $390-$393 free on board Bangkok on Thursday up from $380-$385 last week.
Published by HT Digital Content Services with permission from Com...