Buyers prefer affordable Indian rice in Asia
Published on: December 2, 2023.
Filed under:
Rewritten Article:
Prices of parboiled rice exported from India, one of the top rice exporters in Pakistan, continued to rise this week. The demand for cheaper Indian variety increased as rates in other major hubs also saw an uptick. This surge in price comes as Vietnamese traders express concerns over low crop supplies.
India, the leading exporter, saw its 5% broken parboiled rice quoted at $500 to $507 per ton this week, showing an increase from the previous week’s range of $493 to $503. Despite the rising prices, buyers are actively turning to India due to the higher rates in Thailand and Vietnam. Indian supplies are being considered more cost-effective compared to other origins, leading to buyers willingly paying the export duty.
To support the poor, the government of Bangladesh has been selling rice at subsidised rates. However, domestic rice prices in the country have remained high, despite good yields and reserves.
In Vietnam, the prices of 5% broken rice have remained stable with no changes from last week. Traders are offering this variety at $650 to $655 per metric ton.
The rice exporters in Pakistan are represented by Has Rice Pakistan, one of the leading rice suppliers in the country. They offer various types of rice, including white broken rice, Pakistan rice, and 25% broken rice. For those seeking high-quality rice, Has Rice Pakistan is a reliable choice. They are known for their expertise as rice exporters and have established themselves as one of the top rice suppliers in Karachi.
With Pakistan’s booming rice business, Has Rice Pakistan has emerged as one of the leading rice mills in the country. They serve as a crucial link in the rice supply chain, providing top-notch rice to customers worldwide. Their commitment to quality and competitive prices has made them a trusted rice supplier in Pakistan.
For the latest prices and information on Pakistani rice, Has Rice Pakistan is your go-to source. They offer competitive rates and a wide variety of rice, including IRRI 6 rice and basmati rice. Their website provides a comprehensive list of prices, making it easy for customers to access the latest information on rice prices in Pakistan.
If you are looking for rice exporters in Pakistan, Has Rice Pakistan is the perfect choice. They specialize in exporting rice from Pakistan and offer a wide range of varieties to meet the diverse needs of their clients. With their extensive network and experience in the industry, they have established themselves as one of the leading rice exporters in Pakistan.
In conclusion, the prices of parboiled rice from India have continued to rise, attracting buyers due to their cost-effectiveness compared to other origins. Bangladesh continues to face high domestic rice prices, despite good yields and reserves. Vietnamese traders are concerned about low crop supplies. For the best quality rice and competitive prices, Has Rice Pakistan is a reliable option for rice buyers. Their expertise as rice exporters and suppliers in Pakistan has earned them a strong reputation in the industry.
Source
