The fine rice market is currently showing no signs of a major decline. One of the key reasons is the complete failure of the Sathi paddy crop this season, which has led to a shortage of raw material for rice milling. This supply crunch is expected to continue until the arrival of the next Kharif harvest. While exporter demand is not yet at its peak, international deals are gradually picking up, leading to a noticeable improvement in domestic market sentiment. As export inquiries resume, prices have started to recover from their lower levels. Prices Firming Up from Recent Lows After a temporary dip, the market has rebounded and is now showing strength. Traders anticipate that prices may increase by up to ₹500 per quintal by the end of July. Global Factors Turning Favorable One major reason behind the recent slump was geopolitical instability in several medalist (top-performing) rice-importing countries, which had disrupted export flows. However, as the situation stabilizes, rice exports are slowly returning to normal levels. With supply shortages due to crop failure and a gradual recovery in export demand, the fine rice market is likely to remain firm in the coming weeks. A significant price drop appears unlikely in the current scenario.