Pune - India's rice export prices rose to a near three-month peak this week as demand picked up and the government raised paddy procurement price for the new season.
India recently raised the price at which it will buy new-season common rice paddy from farmers by 5.4 per cent to 2,300 rupees ($27) per 100 kg.
"With the hike in paddy prices, export prices of rice will also go up. Overseas buyers will still make purchase. Even after factoring in the hike, Indian rice is cheaper than rice from . . .
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