$20/ton increase in Pakistani Irri-9 price

The price of Pakistani rice Irri went up by $20ton in international market.
Talking to a private channel, the exporters said that the price of Pakistani Irri-9 soared up to $355ton after an addition of $20ton.
It happened in the wake of considerable increase in demand of Pakistani rice and the less rice yields by all large rice-producing countries.
It was told that because of less crops, the exports of Irri-9 were just 1.3 million ton during the previous fiscal year.
Pakistan exports rice worth over $1 billion to the world including African, European and CIS countries as well as Middle Eastern countries.

Copyright APP (Associated Press of Pakistan), 2007