FAO says India non-basmati rice Jan-May export prices up 6.3% on year.

The average export price of 25% broken non-basmati rice from India rose 6.3% on year to $347 per tonne during Jan-May. India non-basmati rice prices had fallen during 2016 due to weak demand from Iran and other buyers. During May, 25% broken non-basmati rice from India was exported at $360 a tonne, while that from competitors Thailand and Pakistan was sold at $394 a tonne and $367 a tonne, respectively. Prices of 25% broken rice from Thailand fell by 2.7% on year to $371 a tonne, while rice from Vietnam declined 3.6% on year to $328 a tonne.