Prices of rice in Pakistan have witnessed 3% to 6% drops due to a decrease in international
demand and the presence of plentiful stock of rice in Africa.
According to rice exporters, the international price of Irri-6 rice has come down from
$360 per tonne to $350 while the rate of Irri Silky Polish 5% slipped from $350 per tonne
to 325 dollars.
The exporters said 70% produce of Irri-6 rice is exported but due to the drop in
international demand the size of local stocks of rice has also grown leading to the decrease