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https://www.zeebiz.com/market-news/video-gallery-commodity-live-rice-demand-price-drop-rain-impact-382488

In Commodity Live, agri expert Rajesh Pahadiya discussed the current trends in the rice market. In October, rice purchases increased by 46%, driven by festive demand and export orders. However, after the festive season, prices have dropped by nearly 36% due to oversupply and reduced wholesale demand. Pahadiya highlighted that unseasonal rains have caused crop damage in several regions, affecting quality and putting pressure on prices. He expects a further marginal decline in rice prices over the coming weeks, depending on government buffer stock and export policies. Globally, rice prices are also under pressure due to increased production in key growing nations. Farmers are advised to avoid panic selling and monitor local market trends closely.

Rice prices fall 36% after festive surge amid oversupply and crop damage

<p>In Commodity Live, agri expert Rajesh Pahadiya discussed the current trends in the rice market. In October, rice purchases increased by 46%, driven by festive demand and export orders. However, after the festive season, prices have dropped by nearly 36% due to oversupply and reduced wholesale demand. Pahadiya highlighted that unseasonal rains have caused crop damage in several regions, affecting quality and putting pressure on prices. He expects a further marginal decline in rice prices over the coming weeks, depending on government buffer stock and export policies. Globally, rice prices are also under pressure due to increased production in key growing nations. Farmers are advised to avoid panic selling and monitor local market trends closely.</p>


Rice prices fall 36% after festive surge amid oversupply and crop damage

WeWork India Rallies on Jefferies’ Bullish Call Amid Rising Demand for Flexible Workspaces

Dual IPO Listing Shows Split Sentiment as PhysicsWallah Surges and Emmvee Stays Flat

Bitcoin Plunges Sharply as Whale Selling and Global Volatility Spark Panic

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