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Weekly Rice Market

(Indicative Quotes)

Pakistan Global

Basmati Rice

Basmati Rice | Indicative Quotes | Updated Weekly

Origin	Type of Rice	Variety Name	Crop Year	Broken	Price	Change	High	Low
Pakistan	Conventional	Super Basmati Rice \| Brown	2023-24	2%	$860	-3	$900	$790
Pakistan	Conventional	Super Basmati Rice \| Milled	2023-24	2%	$940	-3	$1075	$890
Pakistan	Conventional	Super Basmati Rice \| Parboiled (Brown)	2023-24	2%	$985	-3	$1050	$915
Pakistan	Conventional	Super Basmati Rice \| Parboiled (Milled)	2023-24	2%	$1,040	-3	$1175	$1015
Pakistan	Conventional	1121 \| Parboiled	2023-24	2%	$1,080	-15	$1175	$970
Pakistan	Conventional	1121 \| Steam	2023-24	2%	$1,130	-15	$1270	$1050
Pakistan	Organic	Super Basmati Rice \| Brown	2023-24	2%	$1,060	-3	$1100	$990
Pakistan	Organic	Super Basmati Rice \| Milled	2023-24	2%	$1,120	-3	$1275	$1090
Pakistan	SRP	Super Basmati Rice \| Brown	2023-24	2%	$910	-3	$950	$840
Pakistan	SRP	Super Basmati Rice \| Milled	2023-24	2%	$985	-3	$1125	$940

Prices are in USD per ton - FOB basis & packed in 50kg single W.P.P bag. Except paddy prices which are based on 40kg (EX-market)

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Global Market | White Rice

White Rice | Indicative Quotes | Updated Weekly

Origin	Type of Rice	Variety Name	Broken	Price	Change	High	Low
Pakistan	Milled White Rice	Long Grain	5%	$521	-12	$640	$488
Thailand	Milled White Rice	Long Grain	5%	$509	-61	$669	$469
U.S	Milled White Rice	Long Grain	4%	$792	0	$818	$708
Vietnam	Milled White Rice	Long Grain	5%	$561	-8	$667	$445

Prices are in USD per ton - FOB basis & packed in 50kg single W.P.P bag. Except paddy prices which are based on 40kg (EX-market)

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News

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Rice prices drop in top hubs as supply surges after Indian export relaxations

Published on October 11, 2024

Rice prices drop i...

SynopsisIndia’s 5% broken parboiled variety was quoted at $490-$495 per metric ton this week, the lowest since Aug. 24, 2023, amid weak demand and depreciation in the rupee.

READ October 11, 2024

Why Basmati 1509 P...

Farmers like Amrik Singh from Amritsar are bearing the brunt of these developments. Singh, who sold his Basmati 1509 produce at Rs 2,600 per quintal today, is deeply disappointed.

READ October 11, 2024

Cheaper rice seen ...

PNA MANILA – The retail prices of rice are expected to decline by as much as PHP5 to PHP7 at the onset of 2025 with the anticipated signing of amendments to the Rice

READ October 11, 2024

Solid week for por...

The USDA says pork export sales were solid during the week ending October 3rd. The pork sales total was up on the week and considerably larger than average, with Mexico purchasing

READ October 10, 2024

Bangladesh’s rice ...

For the first time, Bangladesh has bagged more than 4 crore tonnes of rice in a fiscal year (FY) thanks to increasing yields of the most grown crop, according to official data.

READ October 10, 2024

Statistics

Source: Trend Economy

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Source: USDA

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Source: Publications

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Source: Trend Economy

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Source: REAP

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Source: PBS

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Source: STATISTA

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Source: STATISTA

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Source: STATISTA

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Source: USDA, Economic Research Service calculations.

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EXPORT OF RICE FROM PAKISTAN - 2012 TO 2023

YEAR	BASMATI (MT)	NON-BASMATI (MT)	TOTAL QTY (MT)	BASMATI (US$)	NON-BASMATI (US$)	TOTAL VALUE (US$)	AVG. BASMATI	AVG. NON-BASMAT
2022-23	595,120	3,122,439	3,717,559	650,422,000	1,498,714,000	2,149,136,000	1,092.93	479.98
2021-22	750,517	4,126,674	4,877,191	693,318,000	1,816,099,000	2,509,417,000	923.79	440.09
2020-21	619,482	3,065,509	3,684,991	569,493,000	1,472,243,000	2,041,736,000	919.31	480.26
2019-20	865,949	3,283,264	4,149,213	783,277,000	1,392,244,000	2,175,521,000	904.53	424.04
2018-19	537,133	3,545,654	4,082,787	582,000,000	1,454,000,000	2,036,000,000	1,083.53	410.08
2017-18	501,233	3,522,288	4,023,521	524,699,649	1,475,891,318	2,000,590,967	1,046.82	419.01
2016-17	480,340	3,104,518	3,584,858	426,539,000	1,180,530,000	1,607,069,000	887.99	380.26
2015-16	503,037	3,759,179	4,262,216	455,249,000	1,405,068,000	1,860,317,000	905.00	373.77
2014-15	676,630	3,054,680	3,731,310	681,548,911	1,167,152,158	1,848,701,069	1,007.27	382.09
2013-14	733,860	2,627,898	3,361,758	846,240,670	1,051,579,598	1,897,820,268	1,153.14	400.16
2012-13	630,035	2,858,977	3,489,012	626,691,715	1,210,894,761	1,837,586,476	994.69	423.54
YEAR	BASMATI (MT)	NON-BASMATI (MT)	TOTAL QTY (MT)	BASMATI (US$)	NON-BASMATI (US$)	TOTAL VALUE (US$)	AVG. BASMATI	AVG. NON-BASMAT

Source: REAP

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(2024-2025) evolution of basmati rice imports from India and Pakistan to EU (in tones brown/husked)

COUNTRIES	PAKISTAN (2024-25)	INDIA (2024-25)	TOTAL (2024-25)	PAKISTAN (2023-24)	INDIA (2023-24)	TOTAL (2023-24)
Belgium	3,990	300	4,290	700	0	700
Bulgaria	0	0	0	0	0	0
Czechia	0	0	0	0	0	0
Denmark	200	0	200	176	0	176
France	1,598	203	1,801	1,100	100	1,200
Germany	0	0	0	0	42	42
Greece	0	0	0	0	0	0
Italy	4,128	600	4,728	175	0	175
Netherlands	2,715	2,617	5,332	500	750	1,250
Poland	0	0	0	40	200	240
Portugal	500	250	750	300	500	800
Romania	0	0	0	0	0	0
Spain	2,071	0	2,071	291	0	291
Sweden	0	0	0	0	0	0
Grand Total	15,202	3,970	19,172	3,282	1,592	4,874
COUNTRIES	PAKISTAN (2024-25)	INDIA (2024-25)	TOTAL (2024-25)	PAKISTAN (2023-24)	INDIA (2023-24)	TOTAL (2023-24)

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(2023-24)Evolution of basmati rice imports from India and Pakistan to EU (in tones brown/husked)

COUNTRIES	PAKISTAN (2023-24)	INDIA (2023-24)	TOTAL (2023-24)	PAKISTAN (2022-23)	INDIA (2022-23)	TOTAL (2022-23)
Belgium	31,145	2,098	33,243	40,450	5,500	45,950
Bulgaria	15	0	15	0	0	0
Czechia	0	0	0	25	0	25
Denmark	3,612	7	3,619	2,203	0	2,203
France	21,731	2,559	24,290	23,847	8,384	32,231
Germany	2,827	1,879	4,706	1,970	2,892	4,862
Greece	0	0	0	0	0	0
Italy	49,326	8,020	57,346	46,561	16,621	63,182
Netherlands	54,898	18,589	73,487	17,573	42,932	60,505
Poland	12,250	1,260	13,510	8,450	1,875	10,325
Portugal	13,544	4,696	18,240	8,943	6,622	15,565
Romania	2,000	0	2,000	100	0	100
Spain	32,459	1,675	34,134	44,202	4,767	48,969
Sweden	0	75	75	0	105	105
Grand Total	223,807	40,858	264,665	194,324	89,698	284,022
COUNTRIES	PAKISTAN (2023-24)	INDIA (2023-24)	TOTAL (2023-24)	PAKISTAN (2022-23)	INDIA (2022-23)	TOTAL (2022-23)

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Sustainable Rice

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A sustainable rice...

In Thailand, efforts are underway to accelerate best practices in rice farming that are environmentally friendly and socially responsible, while boosting yields for farmers. The

READ October 10, 2024

Capacity project p...

The International Rice Research Institute (IRRI) organised a conference in the Mekong Delta city of Cần Thơ on October 9 to launch the Capacity Building for Sustainable and

READ October 10, 2024

Mekong targets low...

Carbon credits could become a key measure of success in sustainable rice farming, according to Dr Nguyen Do Anh Tuan, Director General of the International Cooperation Department

READ October 9, 2024

Honoring IRRI’s Co...

08 October 2024, VN: For over 60 years, IRRI has played a pivotal role as an international organization with a network of 17 offices worldwide and over 1,000 members.

READ October 8, 2024