Dhan Mandi Bhav: Competition has intensified in the global rice market, and this is directly impacting major exporting countries like Thailand. The latest report from the USDA’s Foreign Agricultural Service indicates that Thailand’s rice exports declined to 7.5 million tons in 2024-25, a decline of approximately 24 per cent compared to 9.9 million tons in the previous year. This decline is a result of increased competition in the international market, with India’s resurgence and Vietnam’s aggressive supply being key factors.
Increasing Competition in the Global Market
White rice has been a strong export segment for Thailand for many years, but has seen a significant decline in recent months. India’s resumption of exports increased global supply, while Vietnam gained traction with highly competitive pricing and consistent availability. The decline in white rice shipments in the first six months clearly illustrates this challenge.
Premium Varieties Provide Partial Relief
Although demand for white rice has declined, premium parboiled and aromatic varieties have performed relatively well. Stable demand for these varieties from the Middle East, African, and Asian countries has provided some relief to Thai traders. Large orders from China and Singapore have kept Thai rice prices high and boosted the morale of local millers and farmers.
Sluggishness May Continue
According to the FAS, Thailand’s rice exports are expected to remain stable at around 7.5 million tons in 2025-26. This indicates that Thailand is currently struggling to return to its previous level of 10 million tons. Although the government and traders are actively exploring new markets, experts believe that a quick improvement is unlikely due to the strong presence of competing countries.
Latest Paddy Prices in Markets Across the Country as of November 24, 2025
Paddy arrivals were good today in major agricultural markets across the country, with prices of several varieties registering slight increases and decreases. The latest rates of different varieties in important markets like Tohana, Ratia, Sirsa, Rania, Hansi, Uchana, Amritsar, Batala, Manipuri, Bharthana, Khair and Najafgarh were as follows.
In Tohana Mandi, Haryana, the price of 1401 was Rs 3700 and the price of 1885 was Rs 3480 per quintal. Whereas 1121 common was sold at Rs 3650. In Ratia, the prices of 1401 were Rs 3691 to Rs 3722, and the price of 1885 was Rs 3511. In Sirsa Mandi, the price of 1509 was recorded at Rs 3100 to 3357, 1847 at Rs 2750 to 3000, PB-1 at Rs 2800 to 3415, 1401 at Rs 3550 to 3729, 1718 at Rs 2900 to 3411 and 1885 at Rs 3000 to 3408. The total arrival here was 70,000 to 75,000 bags.
In Rania Grain Market, the rate of PB-1 was Rs 3471, and that of 1401 was Rs 3670 to 3731. In Amritsar Mandi, Punjab, 1121 hand quality was priced at Rs 3850 to 4100, 1121 common at Rs 3500 to 3850, 1718 hand quality at Rs 3500 to 3670, 1718 common at Rs 3200 to 3470 and 1509 common at Rs 2600 to 2900. The total arrival was 30,000 bags.
In Hansi Mandi, 1121 hand quality was priced at Rs 3850 to 4000 and common at Rs 3600 to 3750. In Uchana, 1885, hand quality was priced at Rs 3500 to 3646, and 1718 hand quality was priced at Rs 3600 to 3650. In Batala, Punjab, 1121 hand quality was priced at Rs 3100 to 4205, 1718 hand quality at Rs 3600 to 3725, and the arrival was 8000 bags.
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In Manipuri Mandi, Uttar Pradesh, the price of 1509 was Rs 2500 to 2650 and 1718 at Rs 2700 to 2900. In Khair Mandi, the price of 1121 was Rs 3400 to 3653, and the price of the DP variety was Rs 3150 to 3305. In Najafgarh, Delhi, 1121 hand quality was priced at Rs 3900 to 4000, 1718 hand quality at Rs 3500 to 3550 and 1509 hand quality at Rs 2800 to 2900, while the total arrival was 10,000 bags. At Bharthana Mandi, 1509 commons were recorded at 2350 to 2600 rupees per quintal, and 1718 commons at 2650 to 2800 rupees per quintal. Arrivals here were 30,000 bags.