Dev Garg, VP, IREF in Conversation with CNBC TV 18 on Staple Prices Surge During Festive Season

India’s rice market is facing a major shift as weaker production estimates, rising global demand and higher Basmati rice prices reshape the market outlook. In this interview, Dave Ger, Vice President of the India Rice Exporters Federation, explains India’s latest rice production estimates, government rice stocks, export prospects and the outlook for Basmati rice prices. The discussion covers India’s projected rice production decline, FCI rice stocks and food security, global rice demand, Basmati rice prices, Middle East supply disruptions and India’s rice export outlook. The interview also looks at Basmati and non-Basmati rice exports, international prices and the impact of global supply-demand conditions on Indian rice markets. With global rice production expected to decline while demand remains strong, the interview examines whether Basmati rice prices could rise further in the coming months. It also highlights the potential impact of higher paddy prices on Indian farmers and exporters. Key topics include India rice production, rice exports, Basmati rice prices, paddy prices, FCI rice stocks, global rice demand, rice supply, Middle East rice trade and the Indian rice market. Watch the full interview for insights into India’s rice production, export outlook and Basmati market trends. #ricenews #iref #DevGarg #cnbctv18 #basmatirice #riceexports #riceprices #indianrice #PaddyPrices #ricemarket #IndiaRice #agriculturenews #riceproduction #ricetrade #indianagriculture #commoditytodaynews