The table below compares your estimates to recent market data.
| Category & Variety | Rice Form (Example) | Your Estimate (USD/mt) | Current Market Price Range (USD/mt) |
|---|---|---|---|
| Premium Basmati | |||
| 1121 Basmati | White Sella | ~$1,055 | $886 – $910 |
| 1718 Basmati | White Sella | ~$1,035 | $795 – $830 |
| 1509 Basmati | White Sella | ~$955 | $761 – $785 |
| Other Basmati | Raw / Steam | ~$800–$1,200 | $727 – $1,182 (varies widely by type) |
| Non-Basmati | |||
| Sugandha / Sharbati | White Sella | ~$795 | $625 – $710 |
| Broken / Non-Basmati | |||
| 5% Broken Rice (General Index) | White / Parboiled | ~$350 | $340 – $366 |
| IR 64 (Economic Grade) | Raw | N/A | $375 |
| PR 11 / PR 14 | White Sella | N/A | $528 – $570 |
| Parmal | White Sella | N/A | $455 – $495 |
🔍 Understanding Price Trends
The market is currently experiencing significant price pressure due to several key factors:
- High Supply & Record Harvests: India anticipates a record rice harvest of ~145 million metric tons for 2025/26, leading to large exportable surpluses and surplus stocks of non-basmati rice. This abundant supply is the primary driver of lower prices.
- Downward Pressure on Global Prices: This surplus, coupled with India’s ambitious export target of up to 30 million metric tons, is exerting deflationary pressure on global rice prices, including its own. As reported in late September 2025, the global benchmark price for Thai 5% broken rice had already dropped to its lowest level since 2017.
- Quality and Market Segments: Prices vary significantly within categories. For instance, “Pesticide Residue Free” (PRF) rice compliant with EU or US regulations commands a significant premium (e.g., ~$990/mt for 1121 PRF Sella vs. ~$910/mt for the regular type).
💡 Key Takeaways for the Market
- Premium Gap Exists: The highest quality Basmati (like Traditional, 1121 Raw/Steam) consistently commands prices above $1,000/mt, while standard White Sella forms are lower.
- Non-Basmati is a Different Market: Popular non-basmati varieties (Sugandha, Sharbati) trade at roughly half the price of premium Basmati, not slightly below as your estimate suggested.
- Prices Are Dynamic and Variable: The reported figures are for standard 50 kg PP bag packing at Mundra port. Prices are sensitive to factors like packaging, destination, order volume, and daily market shifts.
I hope this detailed comparison is helpful for your market analysis. If you are evaluating a specific variety or form for a particular destination, I can try to find more targeted information.
