Indian rice falls on weak demand; cyclone damages fields in Bangladesh
(WorldNews Business)

Indian rice export prices extended losses for a second week as the rupee weakened and demand from Africa remained low, while a cyclone damaged paddy fields in neighbouring Bangladesh. Top exporter India`s 5% broken parboiled variety was quoted around $363-$368 per tonne, down from $365-$370 last week. `In dollar terms, export prices are down due to the weak rupee. Local paddy rice prices are firm,` an exporter based at...