Rupee rally to slow export of non-basmati rice

Lower shipments from India will give rivals like Vietnam a chance to raise their share of market

India's non-basmati rice exports are likely to slow over the next few months as its shipments of the grain have become too expensive on the world market due to a rally in the rupee and an increase in local paddy prices.

Lower shipments from the world's biggest rice exporter will give rivals Vietnam, Thailand and Cambodia a chance to raise their share of the global market.

"Other origins are cheaper than India. There will be definitely a slowdown in exports," Nitin Gupta, business head of rice at Olam India, told Reuters.

India was offering 5 percent broken parboiled rice this week at around