Weekly Review-Paddy-Rice

29-Mar-2025 08:51 PM

Paddy prices soften due to limited arrival and weak demand

🌾 Weekly Review: Paddy & Rice 🌾

📍 New Delhi: Paddy prices softened due to limited arrivals and weak demand, despite the Central Government removing all export controls on all rice varieties. However, unfavorable global market conditions and declining export offer prices for Basmati and non-Basmati rice have discouraged Indian exporters from purchasing paddy at higher rates.

📊 Market Highlights

📉 Paddy Price Trends

✔ Delhi (Narela Mandi):

• 1121 Paddy: 📉 Fell ₹100 to ₹3780/quintal

• Taj Paddy: 📈 Rose ₹150 to ₹2200/quintal

✔ Chhattisgarh (Bhatpara Mandi):

• Shri Ram Paddy: 📉 Softened ₹100

✔ Punjab (Amritsar):

• 1718 Paddy: 📉 Fell ₹130 to ₹3150/quintal

• Tarn Taran: 📈 Strengthened ₹50-65 for 1509, 1718 & 1847 varieties

✔ Uttar Pradesh:

• 📉 Softened ₹50-100/quintal due to weak demand in Etah, Mainpuri, Jahangirabad, Shahjahanpur, Aligarh, and Khair

• 📈 Prices showed strength in Kota & Bundi (Rajasthan)

🍚 Rice Market Trends

✔ Bhatpara (Chhattisgarh): 📈 Prices remained strong as exporters showed buying interest. General category rice is heavily exported to Bangladesh & other countries.

✔ Uttarakhand (Nagar Mandi): 📉📈 Mixed trend with price fluctuations ₹100-200/quintal across various rice varieties.

🔮 Market Outlook

✔ Short-term: Paddy prices may remain under pressure due to weak export demand
✔ Mid-term: Upcoming Rabi paddy arrivals in April may influence price trends
✔ Long-term: Price recovery depends on international rice demand & global pricing trends