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Turmeric ₹15,600–15,700 / Qtl◆Red Chilli Teja ₹14,500–17,000 / Qtl◆Cumin ₹21,500–22,500 / Qtl◆1121 Basmati Steam ₹8,600–9,600◆Chana Dal ₹6,550–7,000◆Urad Dal ₹9,400–10,200◆Walnut Kernels ₹1,200–1,500 / kg◆Raisins Medium ₹50,000–55,000 / 40kg◆Coriander ₹7,800–8,200 / Qtl◆Mustard ₹5,400–5,600 / Qtl◆Turmeric ₹15,600–15,700 / Qtl◆Red Chilli Teja ₹14,500–17,000 / Qtl◆Cumin ₹21,500–22,500 / Qtl◆1121 Basmati Steam ₹8,600–9,600◆Chana Dal ₹6,550–7,000◆Urad Dal ₹9,400–10,200◆Walnut Kernels ₹1,200–1,500 / kg◆Raisins Medium ₹50,000–55,000 / 40kg◆Coriander ₹7,800–8,200 / Qtl◆Mustard ₹5,400–5,600 / Qtl◆

India Looks Beyond Raw Rice for Billion-Dollar Growth

Oct. 03, 2026: India’s makhana market is witnessing abundant raw-material availability this season following an estimated 50% increase in cultivation area. Around 70% of the raw crop is reportedly still available at producing centres, putting pressure on farmgate and raw-makhana prices. Despite the surplus, finished makhana prices remain comparatively firm due to limited processing capacity, which has not expanded in line with the increase in production. Finished Purnia-line makhana is currently indicated at around USD 5.93–6.98/kg, depending on quality, while premium grades continue to command higher values. The upcoming festival season is expected to support domestic demand and provide near-term stability to finished-product prices. The current market situation highlights a clear gap between raw supply and processing capacity. The issue is not a shortage of raw makhana, but the limited ability to process, grade and supply consistent finished material. Quality, sizing, moisture control and reliable processing are becoming increasingly important for exporters and branded buyers, helping premium-quality makhana maintain stronger prices. In the near term, festival demand and constrained processing capacity are expected to keep finished makhana prices broadly stable, while raw prices may remain under pressure because of heavy availability. However, once the festive buying season fades, increased processing of accumulated raw stocks could lead to higher finished-product availability and renewed price pressure.