Basmati Rice Price in India Increases Thanks to the Huge Demand and Attractive Price

Rice

India

Pakistan

Published Jun 8, 2022

Indian basmati rice increased by +12.48% YoY to USD 0.43/kg in W2 Jun-22. International purchasers are panic buying Indian rice afraid it may restrict rice export as well after India announced to halt wheat export. A competitive price is also one of the factors buyers seeking Indian rice led the price to increase in June 2022.

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