Rising average world rice prices
According to Fars News Agency, quoting the State Trading Company of Iran; The domestic price of rice in Thailand affected its export price to increase the country’s rice price internationally.
Accordingly, the price of Vietnamese rice fell due to declining demand in the Philippines, but the average price of Indian rice increased slightly.
Despite a slight increase in the average price of Indian rice, 5% of Indian broken rice remained at $ 345 this week and 25% of broken rice remained at $ 329.
Thai rice fell 5 percent from $ 413 on Jan. 24 to $ 414 a tonne on Jan. 31.
Pakistan’s product also rose from $ 352 to $ 355 during the same period. But forecasts indicate a rising price trend in the world.
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