Tag: rice parity

India: Basmati paddy prices recover; 1121 and 1718 grades open stronger than last year

Oct 8, 2026

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by

kanika Neelay

in Grains, Rice

1121 Grade (A) opens at INR 4,800-5,000/qtl, above last year. 1718 Grade (A) opens stronger at around INR 4,510/qtl in Amritsar. India’s basmati paddy prices have regained strength after the recent correction, with premium 1509 grade prices returning to the INR 4,300-4,400/qtl range in key Punjab and Haryana mandis. However, rice parity, arrivals and miller…