After the price surge seen during last year's season, the rice industry has been experiencing a downturn throughout the year, causing anxiety among most traders. Despite the recent rise in prices, traders still lack confidence, which is why the market has not been able to recover consistently. This is also hindering favorable export conditions. The price of paddy has made milling costs higher for rice mills, leading most traders to operate with reduced stock. As a result, there is limited inventory in the market. In these circumstances, it is expected that all types of basmati rice will see an increase in prices in the near future. Along with this, there is no scope for further decline in the price of coarse rice, and it is likely to remain stable.