Rice Price Hike: Will 1 Kg Rice Touch Rs 100 Before Diwali? Here’s Why

Many rice varieties have seen a sharp price hike in the last few weeks. Market reports show the current prices for 25 kg bags as follows:

Deluxe Ponni: Rs 1,400 – Rs 1,800

Ponni: Rs 1,600 – Rs 1,950

White Ponni: Rs 1,900 – Rs 2,300

Idli Rice: Rs 900 – Rs 1,200

Raw Rice: Rs 1,500 – Rs 1,800

Sivaji Ponni: Rs 1,800 – Rs 2,400

Traders also increased the price of a 30 kg Basmati rice bag from Rs 3,300 to Rs 3,600. This is not a small jump. Bag prices for many varieties have gone up by hundreds of rupees in just one month.

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