Indian 5% broken parboiled rice rose to $352-$357 per ton, up from $348-$352 last week, with 5% broken white rice priced at $353-$357, driven by higher government reserve prices and weak monsoon concerns. Farmers planted less summer-sown rice than last year, and floods damaged crops in Bangladesh, further tightening regional supply. Rising global food commodity prices, including rice, could contribute to inflationary pressures in Pakistan, potentially influencing SBP policy and the USD/PKR rate.
بحوالہ / Source: www.brecorder.com