# Rice prices steam up in Indian domestic market on demand-supply gap, deficient monsoon - The HinduBusinessLine

> Indian domestic non-basmati rice prices have risen over 10% in recent weeks on a demand-supply gap and deficient monsoon fears. The government raised the paddy MSP to ₹2,441 per quintal from ₹2,369.

- Date: 2026-08-07 · published 2026-08-07T12:00:00.000Z
- Category: weather · region India · magnitude medium
- Page: https://feedsoft.ai/events/17974-rice-prices-steam-up-in-indian-domestic-market-on-demand-supply-gap-deficient
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A weak monsoon and a higher support price raise producer costs and tighten domestic paddy supply, supporting rice prices and export offers from India.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-07-14 | [Indian rice prices up 10% in global market, affect export demand - The HinduBusinessLine](https://feedsoft.ai/events/5097-indian-rice-prices-up-10-in-global-market-affect-export-demand-the.md) | -16.0% | -15.2% |
| RICE | 2026-09-11 | [Indian rice export prices hit one-year high amid supply concerns - The HinduBusinessLine](https://feedsoft.ai/events/17447-indian-rice-export-prices-hit-one-year-high-amid-supply-concerns-the.md) | +1.0% | +7.8% |
| RICE | 2026-10-22 | [Asia rice: Indian prices hit more than one-year high on strong rupee, tight supply - Markets - Business Recorder](https://feedsoft.ai/events/17169-asia-rice-indian-prices-hit-more-than-one-year-high-on-strong-rupee-tight.md) | -0.4% | — |
| RICE | 2017-04-09 | [Eyes glued to Pacific, for monsoon clues - The HinduBusinessLine](https://feedsoft.ai/events/71434-eyes-glued-to-pacific-for-monsoon-clues-the-hindubusinessline.md) | -1.3% | -5.2% |
| RICE | 2023-05-05 | [‘Developing’ El Nino may hit India’s maize, soya and rice output, says FAO   - The HinduBusinessLine](https://feedsoft.ai/events/35870-developing-el-nino-may-hit-india-s-maize-soya-and-rice-output-says-fao-the.md) | +1.8% | -0.5% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/rice-prices-steam-up-in-indian-domestic-market-on-demand-supply-gap-deficient-monsoon/article71317808.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.