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Indian Raw Agri-Material
Price Index

10-year raw mandi price analysis for Basmati Paddy, IR-64, Cumin, Turmeric, Red Chilli, Onion and Groundnut. Prices represent Raw Mandi Material (USD/MT Equivalent). Use the Calculator for finished FOB export quotes.

✓APEDA Verified Data
•Agmarknet · OGD India
•Updated Today
📊 MARKET DATA DISCLAIMER
Visualizing Raw Mandi Material Trends (USD/MT Equivalent). These charts show raw agricultural commodity prices from Indian wholesale markets. For finished FOB export quotes with processing, logistics, and margins, use our Export Calculator.
Live Prices
Historical Raw Mandi Trends (USD/MT)
10-Year Raw Mandi Data Points (120 Months) · Historical USD/MT
Stable
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Market Intelligence Insight

Analyzing 3-month moving averages to determine seasonal volatility...

Timeline

Historical Market Milestones (2015-2026)

Key trade events, policy shifts, and market cycles that shaped the last decade of Indian agricultural exports.

2023-2024
Rice Export Restructuring

India implemented a 20% export duty on parboiled rice and a temporary ban on Non-Basmati white rice to stabilize domestic inflation. Basmati MEP (Minimum Export Price) was set to $950/MT before being scrapped in late 2024 to boost competitiveness.

2022-2023
Cumin (Jeera) Record Highs

A 30% production shortfall in Gujarat led to cumin prices hitting historic peaks of ₹32,500/quintal. This era marked the highest volatility in the spice sector, driven by erratic monsoon cycles in Rajasthan.

2019 & 2023
Onion Export Bans

Frequent weather-induced supply shocks led to multiple export bans on Nashik Red Onions. The 2023-24 ban was eventually replaced by a $550/MT MEP and 40% export duty, signaling a shift toward more nuanced export controls.

2015-2018
The Basmati Stability Era

A period of sustained growth for Basmati 1121 and Traditional varieties, driven by expanding market share in Saudi Arabia and UAE. Prices remained consistently between $850 and $1,100/MT with minimal policy intervention.

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All Commodities - 2026 Snapshot
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Commodity 2015 Price 2026 Q1 Price 10Y Growth YoY Change Volatility Risk
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About This Data: Price data is sourced from the OGD Platform India (Agmarknet), aggregating real-time arrivals from 3,000+ market yards across India. Figures represent monthly average Raw Mandi prices in USD/Metric Ton. For processed FOB export quotes, use our calculator or contact our trade desk directly. Last verified: May 07, 2026.

Industry Report

Indian Agricultural Export Prices: Today's Market Summary

Real-time export data for Indian agricultural commodities sourced from APMC mandis including Sindhanur, Raichur, Guntur, and Karnal. We track current rates for all major varieties to provide global buyers with transparent FOB pricing.

Paddy Export Rates (Basmati & Non-Basmati)

Monitoring today's paddy rate in India across key growing belts. Our ledger includes:

  • Basmati 1121 & Traditional Paddy: Premium varieties from Haryana and Punjab.
  • Sona Masuri & RNR Samba Masuri Paddy: Specialized South Indian medium-grain varieties from Karnataka.
  • IR-64 & Swarna Paddy: High-volume grains for African and SE Asian markets.
  • Ponni & Parboiled Varieties: Steam and boiled rice processing for specialized global cuisines.

Indian Spices & Commercial Crops

Daily market analysis for high-demand Indian spices from Guntur, Erode, and Unjha mandis:

  • Cumin Seeds (Jeera): Export-grade bold seeds from Gujarat and Rajasthan.
  • Turmeric (Curcumin-rich): Erode and Salem varieties with verified curcumin levels.
  • Red Chilli (Guntur Sannam): Teja and S4 varieties from the spice hub of Andhra Pradesh.
  • Nashik Red Onion: Export-ready pink and red onions with seasonal volatility tracking.
Reference

Market Terminology

Key terms used in Indian agricultural commodity trading and export documentation.

FOB (Free On Board)
Seller's responsibility ends when goods are loaded onto the vessel at origin port. Buyer pays freight and insurance from that point.
CIF (Cost, Insurance, Freight)
Seller covers cost of goods, marine insurance, and freight to destination port. Risk transfers to buyer at port of loading.
Metric Ton (MT)
Standard international unit of weight equal to 1,000 kg. All export prices on this page are quoted per Metric Ton (USD/MT).
Mandi / APMC
Government-regulated agricultural wholesale market where farmers sell produce to licensed traders. Prices from 3,000+ mandis feed the Agmarknet database.
MEP (Minimum Export Price)
Floor price set by Government of India below which exports are not permitted. Primarily used to manage domestic inflation - most commonly applied to onion and rice.
Price Volatility %
Annual standard deviation of monthly prices expressed as a percentage of the yearly average. Higher % = more unpredictable pricing for export planning purposes.
Agmarknet
Government of India portal providing real-time and historical price data from regulated agricultural market yards across all states.
MSP (Minimum Support Price)
Government-declared price at which procurement agencies purchase crops directly from farmers, providing a price safety floor across key commodities.
APEDA RCMC
Registration-cum-Membership Certificate from Agricultural & Processed Food Products Export Development Authority - mandatory for all agricultural exporters in India.
Common Questions

Market Intelligence FAQ

What is the current raw mandi price of IR-64 Paddy in India?
As of May 2026, raw IR-64 Paddy is trading between $250-$280/MT in major South Indian mandis like Raichur and Sindhanur. This represents a significant moderation from the processed export rates of 2025. This raw material is used to produce finished IR-64 Long Grain White and Parboiled rice. For finished FOB export quotes, please use our calculator.
Why did cumin seed prices spike so sharply in 2023?
Cumin seed prices peaked at ₹32,500/quintal in 2023 due to a combination of factors: a 30% production shortfall in Gujarat caused by erratic rabi season rainfall, simultaneous surge in export demand from Bangladesh and China, and low inventory levels post-pandemic. The 2022-23 rabi crop failure directly caused the shortfall. By 2026, prices have moderated to ₹22,500/qtl as acreage recovered in Rajasthan and Gujarat - though they remain 60% above 2015 levels.
Which commodity has the most stable export price for planning purposes?
Basmati Paddy 1121 shows the most stable pricing with only 7.1% annual volatility in 2026 - the lowest of all tracked commodities. This is driven by consistent demand from UAE and Saudi Arabia, established GI tag and purity standards, and predictable monsoon-linked production cycles in Punjab and Haryana. In contrast, onion prices show 70%+ volatility due to weather sensitivity, short shelf life, and frequent government policy interventions.
What caused the turmeric price rally from 2022 to 2026?
Turmeric prices rose from ₹8,500/qtl in 2022 to ₹15,200/qtl in 2026 - a 79% increase - driven by three converging factors: consecutive low-production years in Telangana and Tamil Nadu (supply deficit), explosive global pharmaceutical and nutraceutical demand for curcumin extract, and stricter EU import requirements for high-curcumin varieties with low heavy metal content. The Erode (Salem) variety commands a further 25-30% premium for its superior curcumin content above 3.5%.
How accurate is this price data for export contract planning?
This data is highly reliable for trend analysis and raw material understanding. However, actual FOB export contract pricing requires additional adjustments for milling yields, packaging, and logistics. For finished quotes, please use our FOB Price Calculator or contact our trade desk.
Why is onion pricing so unpredictable compared to other commodities?
Onion exhibits 70.5% price volatility - the highest of all tracked commodities - because of a unique combination of structural factors: two harvest seasons (kharif and rabi) creating bi-annual price swings, extremely short shelf life making carryover stocks impossible, high weather sensitivity particularly to late monsoon rains, and aggressive government intervention via export bans, MEP revisions, and buffer stock operations to control domestic food inflation. The 2019 crisis (prices hit ₹4,200/qtl then export ban) and 2021 ban are textbook examples. For exporters, onion requires the most nimble supply chain and flexible forward contracts.

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