Rising Gram and Basmati Prices Strengthen Agricultural Commodity Market; Export Demand Drives Gains

Key Highlights

• Gram prices gained ₹25-100 per quintal in major mandis.

• Basmati prices rose up to ₹350 per quintal.

• Strong export demand boosted basmati market sentiment.

• 1121 Steam varieties recorded the highest price increase.

• Gram prices remained supported despite higher arrivals.

The agricultural commodity market remained firm this week as both gram (chana) and basmati rice recorded strong price movements. While gram prices stayed supported due to steady domestic demand, basmati rice prices surged by up to ₹350 per quintal on the back of strong export demand, limited stocks, and active buying by exporters.

Market experts believe that domestic consumption, global trade conditions, and stock availability are currently shaping the direction of both commodities, keeping farmers and traders closely focused on these markets.

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Gram Market Remains Strong Despite Higher Arrivals

The gram market witnessed a bullish trend across major mandis during the week. Prices in Jaipur increased by ₹25 to ₹75 per quintal, while Delhi and Bharatpur markets recorded gains of ₹50 to ₹100 per quintal.

According to traders, strong consumer demand and continued procurement by pulse mills are providing support to prices. However, rising arrivals across producing states are limiting any sharp upward movement in the market.

In major mandis such as Indore, Ashoknagar, Bikaner, Sumerpur, Delhi, Jaipur, Jodhpur, Bina, and Seoni, gram prices were reported in the range of approximately ₹5,000 to ₹6,135 per quintal.

Market analysts say that despite the pressure from increased arrivals, steady demand from processors and consumers has helped gram prices remain stable at higher levels.

Gram Arrivals and Prices in Major Markets

Note: Prices may vary depending on quality and quantity offered in the market.

Basmati Market Sees Sharp Rise

The basmati market continued its upward momentum during the week, with several popular varieties gaining between ₹200 and ₹350 per quintal.

Industry experts attribute the rise to lower availability of finished stocks in June, limited inventories held by farmers and traders, and aggressive buying by exporters. Demand for premium varieties such as 1121, 1509, and 1401 has remained particularly strong.

The biggest gains were recorded in 1121 Steam Grade A+ and Grade A varieties, which increased by ₹350 per quintal on June 8, 2026. Other varieties including 1718 and PB1 also witnessed gains of ₹50 to ₹100 per quintal due to stronger buying interest.

Punjab-Haryana Basmati Prices

Rajasthan, Madhya Pradesh and Uttar Pradesh Basmati Markets

Rajasthan Line

Madhya Pradesh Line

Uttar Pradesh Line

Global Demand Continues to Support Indian Basmati

Indian basmati rice continues to receive strong demand from international markets, particularly from the Middle East, Europe, and Africa. Import demand from Saudi Arabia, Iran, Iraq, and Gulf nations remains healthy, providing confidence to exporters.

Trade experts note that Indian basmati enjoys a competitive advantage due to its premium quality and attractive pricing. At the same time, higher rice export prices from Thailand and Vietnam are making Indian basmati more attractive in global markets.

Although exporters are facing logistical challenges and higher shipping costs in some Middle Eastern regions, demand for food grains remains strong. As a result, exporters are actively pursuing new export contracts for the coming months.

Market Outlook for Gram and Basmati

Experts believe both commodity markets are likely to remain firm in the near term.

For gram, future price movement will largely depend on arrivals, government procurement policies, and demand from pulse mills. If procurement activity and milling demand continue at current levels, prices are expected to remain supported despite higher arrivals.

For basmati, export demand, global rice prices, and trade conditions in the Middle East will be the key factors influencing market direction. While geopolitical developments in Iran and the Gulf region have temporarily affected export flows, demand for premium basmati varieties remains strong, reducing the likelihood of a major correction.

Overall, the current market environment has improved confidence among farmers, traders, and exporters. While gram prices may see only limited upside due to abundant arrivals, the basmati market is expected to stay strong as export demand and tight stock availability continue to support prices.

Also Read: Kisan Helpline Centre Launched for Farmers in Tripura, Mizoram, and Meghalaya

CMV360 Says

The agricultural commodity market remained strong this week, supported by firm demand for both gram and basmati rice. While higher arrivals limited major gains in gram prices, steady buying from pulse mills kept the market stable. Basmati witnessed stronger momentum due to export demand, limited stocks, and active exporter purchases. Market experts expect both commodities to remain firm in the near term, with export trends, arrivals, and government policies influencing future price movements.