Weekly Review: Paddy & Rice
23-May-2026 08:19 PM
Paddy and Rice Prices Soften Due to Subdued Trading Activity
New Delhi: At the national level, arrivals of Basmati and 'A' Grade paddy remain limited to only a few markets (mandis), and trading activity within these markets has also been minimal. During the week spanning May 16–22, a significant decline was generally recorded in the prices of both paddy and rice.
Delhi
During the week under review, the Narela market in Delhi witnessed a daily arrival of 1,500–2,500 bags of paddy; however, only the '1509' variety saw any sporadic trading activity. In the Bhatapara and Rajim markets of Chhattisgarh, paddy supplies were relatively higher, yet prices remained stable due to average trading volumes.
Uttar Pradesh
In the Shahjahanpur market of Uttar Pradesh, approximately 2,000 bags of paddy arrived daily, but prices remained unchanged. In Rajasthan, the Bundi and Kota markets recorded daily paddy arrivals of 1,500–2,000 bags and 700–1,000 bags, respectively; however, prices declined by ₹100–₹200 per quintal due to weak demand from millers and processors.
Rice
As far as rice is concerned, prices generally remained stable or showed a downward trend. Exports of Basmati rice from India to countries across West Asia, the Middle East, and the Gulf region are currently being impacted by the ongoing tensions between Iran and the United States, as well as disruptions to shipping traffic through the Strait of Hormuz.
Amritsar
In Amritsar, prices for various varieties and grades of rice recorded a decline ranging from ₹200 to ₹450 per quintal. Rice prices in the Bundi market also softened by ₹200–₹400 per quintal. The situation in Delhi's Naya Bazar market was no different; however, prices did show some signs of recovery in one or two specific markets.