What is the Current Market Price of Non basmati Rice?

The market price of non basmati rice in India has fluctuated recently, especially with government changes to export policies. As of October 2024, the Indian government removed the minimum export

What is the Current Market Price of Non basmati Rice?

The market price of non basmati rice in India has fluctuated recently, especially with government changes to export policies. As of October 2024, the Indian government removed the minimum export price (MEP) requirement on non-basmati white rice, originally set at ₹40,000 per tonne.

This change along with a lower export tax, has boosted demand from foreign markets. This could raise prices in India because there's more competition for Indian rice abroad. Although the exact price in the Indian market can differ by region and supply the policy change has helped Indian exporters and traders by making Indian rice more competitive worldwide.

For trustworthy sourcing and professional handling, Indian Non Basmati Rice Traders provide high quality products and reliable supply chain services meeting both domestic and international needs effectively.

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