Tag: East Africa rice market
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Rice: Basmati prices rise w-o-w as key markets continue purchases
Domestic non-basmati weakens on slow paddy movement and margin pressure Basmati remains highly bullish on tight supply and sustained export demand The rice market presented a divergent trend during the week ended 13 February, with non-basmati prices easing in central India while basmati continued to firm on tight crop availability and steady demand from key…