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India Average Wholesale Rice Prices Increase in February 2014

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Average monthly wholesale rice prices in India increased to around Rs. 2,731 per quintal in February 2014, up about 1% from around Rs. 2,702 per quintal in January 2014, and up about 4% from around Rs.2,627 per quintal seen a year ago in February 2013, according to official sources.

In terms of USD per ton, average wholesale rice prices in India stand at about $440 per ton (using current exchange rates) in February 2014, up about 2% from around $429 per ton (using historical exchange rates) in January 2014, but down about 10% from around $488 per ton (using historical exchange rates) seen in February 2013.

Courtesy :  http://oryza.com/news/rice-news/india-average-wholesale-rice-prices-incr...

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