date:Apr 09, 2014
il/March) are thus estimated at 10.1 million tonnes, slightly below the large purchases of the previous year but about 14 percent above the five-year average.
Rice prices at record levels in nominal terms
The average price of medium quality rice, after strengthening in recent months due to uncertainty about flood damage to the 2014 crop, increased only marginally in March reaching a new record, in nominal terms. At their March level, rice prices were 8 percent higher than a year earlier in lin