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A close-up of perfect, long-grain basmati rice grains, each one distinct and glistening, filling the frame.
Illustration — AI-generated
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Basmati prices rise in Punjab amid export concerns

Published 8 November 2026

Basmati prices in Punjab have reached ₹5,200 per quintal. Exporters worry about vessel movements through the Strait of Hormuz due to conflict involving the US, Israel and Iran.

Exporters are also concerned about payments held up in the Middle East, especially Iran. Iran imports a large quantity of aromatic rice from India.

Source: Hindustan Times

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