Due to intense competition in the international rice export market, Indian exporters are being compelled to reduce their rice export prices. Last year, the export price of basmati rice was around $1050 per ton, which has now dropped to $900-$950 per ton. This reduction in price has discouraged millers and processors from purchasing paddy from farmers at higher rates. Non-basmati rice prices have also experienced a decline. In domestic markets, basmati paddy arrivals are the primary focus, with limited fluctuations in prices. For instance, in Narela Mandi, the price of 1509 hand paddy fell by ₹300 to ₹2725 per quintal, while 1509 combine paddy and 1718 paddy saw respective improvements of ₹80 and ₹50. Chhattisgarh markets also observed fluctuations, such as in Bhatapara Mandi, where HMT paddy prices increased by ₹100, while Shriram paddy prices dropped by ₹200 per quintal. With new arrivals of Rabi season paddy anticipated next month in some states, trading conditions are expected to improve. Steady paddy arrivals continue in Uttar Pradesh and Rajasthan mandis. Additionally, the government has approved the export of 100% broken rice, but Indian rice export prices remain higher than those of Pakistan, Vietnam, and Myanmar, posing a challenge in the competitive landscape. The challenges persist in the export of non-basmati white and parboiled rice as well. This situation is likely to have a significant impact on India's rice export industry in the coming times.