West African parboiled rice 5% prices fall to lowest level in 10 months
October 11, 2024 Comments Off
The price of Platts parboiled 5% STX CFR Cotonou rice has dropped to $561 per metric ton, marking its lowest level in the last 10 months from Jan. 16 to Oct. 9, influenced by India’s recent export duty cuts, according to S&P Global Commodity Insights, India reduced its export duty to 10% from 20% on Sept. 27 and lifted the…
West African parboiled rice 5% prices fall to lowest level in 10 months
The price of Platts parboiled 5% STX CFR Cotonou rice has dropped to $561 per metric ton, marking its lowest level in the last 10 months from Jan. 16 to Oct. 9, influenced by India’s recent export duty cuts, according to S&P Global Commodity Insights, India reduced its export duty to 10% from 20% on Sept. 27 and lifted the…
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