Freshdi Market Insight

Know the Indian Basmati Rice market before you buy

India (49.9%) leads the 411 Indian Basmati Rice suppliers, with Pakistan at 16.5% and the United Arab Emirates at 4.1%, so sourcing from outside India is a smaller portion of the total. The typical range is USD 444 - 1,159 per metric ton FOB, centered at a USD 1,000 median, meaning buyers should expect wide variation and verify grade and origin. Buyer inquiries surged 234.9% to 509 in the last 30 days. Buyers request CIF more often than suppliers offer it — a 21.7 percentage point gap — so a CIF price must be explicitly asked for.

Window365 daysData as ofSample881 listings · 1,537 supply observations · 154 buyer requests
881Indian Basmati Rice supply
724New supply in 12 months
$1,000Indian Basmati Rice price
FOBLeading term
Indian Basmati Rice · last 12 monthsDec 2025 – Nov 2026
Price · median USD/MT FOB$1016.67
Supply8 −92.2%
01

What is in this market?

The size and shape of Indian Basmati Rice on Freshdi before you shortlist anyone: how many sellers, how much product, how many origins, and which way demand is moving.

Products

881supply

881 Indian Basmati Rice supply listings are active on Freshdi as of 14 November 2026.

Suppliers

411companies

As of 14 November 2026, 411 active Indian Basmati Rice suppliers, 2.9% of all suppliers on the platform, are listed on Freshdi.

Countries

42origins

Freshdi lists Indian Basmati Rice suppliers from 42 countries, led by India at 49.9%, as of 14 November 2026.

Trending · inquiries

+234.9% over 12m

Freshdi received 509 buyer inquiries for Indian Basmati Rice in the 30 days to 14 November 2026, up 234.9% from the previous 30 days.

411 suppliers are actively selling Indian Basmati Rice, offering a broad base of options to compare terms, pricing, and certifications. This level of supplier activity means buyers aren’t limited to a single source—there’s real competition to drive down costs and improve lead times. 881 listings are currently live, covering a wide range of packaging, grades, and origin details. With so many options already posted, buyers can find a close match without needing to start from scratch or wait for a custom quote. Suppliers come from 42 countries, with India supplying 49.9% of the market. While India dominates, the global spread gives buyers flexibility to explore alternatives in case of supply disruptions, trade restrictions, or specific quality preferences. Buyer inquiries surged 234.9% to 509 in the last 30 days—this is a strong signal of rising demand. With such a spike, buyers should act quickly to secure supply before the current suppliers are fully booked.

Trending — demand and supply activity, daily counts
Buyer inquiries · demandSupplier quotations · supply
Dec 2025 – Nov 2026trend 234.9% · volatility 127.2%

Freshdi recorded 154 buyer requests for Indian Basmati Rice globally in the 365 days to 14 November 2026.

Quotable — Freshdi Indian Basmati Rice market size
  • Freshdi lists 881 active Indian Basmati Rice supply listings from 411 suppliers in 42 countries, drawn from 226 source documents and 1,537 supply observations over the 365 days to 14 November 2026.
  • Compared with the previous 30 days, buyer inquiries for Indian Basmati Rice on Freshdi rose 234.9% in the 30 days to 14 November 2026, with 127.2% volatility in monthly inquiry and quotation activity over 338 days.
  • Freshdi received 154 buyer requests for Indian Basmati Rice in the 365 days to 14 November 2026 against 881 active listings — 5.7 listings per request globally.
02

Who exactly is selling?

The verified Indian Basmati Rice suppliers buyers actually reach on Freshdi, ranked by the inquiries they received in the last 30 days and how reliably they answered them.

Sosa Merchant Solutions

Silver – membership plan badge
1 yrs

Distributor/Wholesaler, Trading Company

Austria – country flag, supplier location, market insight supplier card

5.0

Verification level 3

Export: Basmati Rice · Non Basmati Rice · Indian Basmati Rice

TOP RATED BASMATI RICE BRANDS TILDA RICE,TROPICAL SUN GOLDEN SELLA BASMATI PREMIUM RICE FOR SALE – product thumbnail, market insight supplier cardPREMIUM ROYAL BASMATI RICE 20LB BAGS ON SALE/AMERICA'S No1 PREMIUM AGED BASMATI RICE EU SUPPLY – product thumbnail, market insight supplier cardTOP RATED GOLDEN GRAIN 1221 BASMATI RICE PREMIUM RICE 5Kg DELICATE FLAVOR FOR SALE – product thumbnail, market insight supplier card
Official Filing certifiedTechnical DataSheet certifiedPATRON SILVER EU DATASHEET certified
11
Inquiries Received
91%
Response rate
3
Products
View online store

Knam Foods Pvt LTD

Bronze – membership plan badge
1 yrs

Manufacturer

United Arab Emirates – country flag, supplier location, market insight supplier card

4.7

Verification level 3

Export: Indian Basmati Rice · Non Basmati Rice · Basmati Rice

Basmati Rice  – product thumbnail, market insight supplier cardbasmati rice – product thumbnail, market insight supplier cardbasmati rice – product thumbnail, market insight supplier card
ISO 22000:2018 certifiedGMP certifiedHACCP certified
2
Inquiries Received
79%
Response rate
5
Products
View online store
View all Indian Basmati Rice suppliers
How this list is ranked

Verified suppliers first, then by buyer inquiries received in the last 30 days, then by response rate. No supplier pays for placement in this list.

Certifications shown are the two or three most relevant per supplier — the full set is on each supplier's profile.

Quotable — most-contacted Freshdi Indian Basmati Rice suppliers
  • The most-contacted verified Indian Basmati Rice supplier on Freshdi received 11 buyer inquiries in the 30 days to 14 November 2026 and replied to 91% of them.
  • 2 of the 411 Indian Basmati Rice suppliers on Freshdi are Level 2+ verified with a response rate of at least 70%, as of 14 November 2026.
03

How stable is this supply base?

Three separate questions, answered in order: is the product fresh, is the market busy, and can the sellers be trusted.

Block 1 · Product freshness

Is there much new product?

92
10.4% of total products48.4% vs previous month
227refreshed within 90 days · 25.8%
572first listed within 6 months · 64.9%

Indian Basmati Rice had 92 new listings in the last 30 days, more than the 62 the month before. New offers are arriving at a faster rate, so the catalog includes more recent prices and pack sizes. Compare the listing date when evaluating similar offers to see which one is closer to current market conditions.

Total Listings · by quarter
96
Dec – Feb 26
156
Mar – May 26
290
Jun – Aug 26
163
Sep – Nov 26
Block 2 · Market density

Is the market busy?

411Indian Basmati Rice suppliers in total
306 · 74.5%active in the last 12 months
99newly registered in 12 months

99 of the 411 suppliers joined in the last 12 months, a mix of long-standing and new suppliers. Buyers have access to both established sellers with a history of consistent offers and newer ones building their presence. The newer suppliers have less track record, so their reliability must be assessed carefully. Review each supplier's listing history before contacting them for a first order.

Activity tiers · by each supplier's last update
HighActive within 1 month

6616.1% of 411

MediumActive within 3 months

6916.8% of 411

LowActive within 6 months

7418.0% of 411

Block 3 · Suppliers trust

Can these suppliers be trusted?

certifications n = 151 profiles
Certification distribution
APEDA13.2%
FSSAI13.2%
HALAL12.6%
IEC9.9%
HACCP9.3%
91.5%of Indian Basmati Rice suppliers verified — 376 of 411

376 of 411 suppliers are verified, at least three in four, enough to contact several verified suppliers at once. Certificates are listed by 151 of 411 suppliers, and HALAL is the most common, held by 19 of them. For a shipment requiring HALAL certification, filter the list to include only those suppliers who hold it.

Quotable — Freshdi Indian Basmati Rice supply stability
  • 227 of 881 Indian Basmati Rice supply listings on Freshdi (25.8%) were refreshed within 90 days to 14 November 2026, and 92 (10.4%) within 30 days.
  • 306 of 411 Indian Basmati Rice suppliers on Freshdi (74.5%) were active in the 12 months to 14 November 2026, with 66 (16.1%) active within the last month, and 99 suppliers registered during the year.
  • 91.5% of Indian Basmati Rice suppliers on Freshdi are verified as of 14 November 2026.
  • Among 151 certified Freshdi Indian Basmati Rice supplier profiles, 13.2% hold APEDA, 13.2% hold FSSAI, 12.6% hold HALAL, 9.9% hold IEC, and 9.3% hold HACCP; a profile can hold more than one certificate.
04

What are the selling conditions, and where do the two sides disagree?

Part A reads the supply side on its own terms — price, trade term, MOQ, origin. Part B puts buyer demand next to it and measures the gaps in percentage points.

ASupply insight — what sellers are offering

Default settings of a typical Indian Basmati Rice offer — how it ships, what it costs, the smallest quantity accepted and where it comes from. Each figure is drawn from every quote in the last 365 days, not from one seller.

Leading term

FOB44.2%

FOB is the leading trade term for Indian Basmati Rice supply on Freshdi at 44.2%, followed by CIF at 27.3% and EXW at 8.3%, as of 14 November 2026.

Typical price

444–1159

USD/MT FOB

As of 14 November 2026, Indian Basmati Rice supply on Freshdi typically lists between USD 444 and 1,159 per metric ton on a FOB basis, median USD 1,000 across 176 listings.

MOQ

25MT median

As of 14 November 2026, Indian Basmati Rice suppliers on Freshdi typically ask a minimum order of 25 MT, with most listings between 5 and 25 MT.

Origins

42countries

India (49.9%), Pakistan (16.5%) and United Arab Emirates (4.1%) lead Indian Basmati Rice supply origins on Freshdi, as of 14 November 2026.

Trade terms offered
FOB44.2%
CIF27.3%
EXW8.3%
CFR7.4%
Payment terms accepted
T/T33.2%
L/C26.5%
other terms10.9%
D/P7.8%
Each type in one sentence

Indian Basmati Rice listings show a typical price range of USD 444 - 1,159 per metric ton on an FOB basis, with the median price at USD 1,000. Basmati is the dominant variety in priced listings at 73.9%, with a median of USD 1,000 per metric ton, while Long Grain White accounts for 15.9% of listings at a median of USD 444 per metric ton, indicating price variation is primarily driven by variety. The typical minimum order quantity for Indian Basmati Rice is 25 MT, with most listings falling within the range of 5 to 25 MT, offering buyers a spectrum of order sizes from small to medium volumes. Indian Basmati Rice suppliers predominantly offer FOB at 44.2% of listings, with CIF at 27.3%, meaning most suppliers leave freight and insurance responsibilities to the buyer. Payment terms for Indian Basmati Rice are split between T/T at 33.2% and L/C at 26.5%, with bank transfer being the most commonly used method.

Indian Basmati Rice types on Freshdiprice ranges are the middle half (P25–P75), USD/MT, FOB basis
TypeRange (P25–P75)MedianNTermMOQ
basmati740–1200 USD/MT1000130FOB25 MT
long grain white400–1150 USD/MT44428FOB25 MT
Each type in one sentence

Basmati has the highest median at USD 1,000 per metric ton and the tightest range, USD 740 - 1,200. Long Grain White has the lowest median of USD 444 per metric ton and the widest range, USD 400 - 1,150.

BDemand versus supply — where the two sides disagree
Demand · buyersSupply · sellers
Gap 1 · Volume — listings available per buyer request799 requests · 226 listings · 90 days
MarketDemandSupplyOffers/req
Global799 requests226 products
0.3
Middle East & North Africa254 requests226 products
0.9
Gulf Cooperation Council227 requests226 products
1.0
United Arab Emirates137 requests226 products
1.6
India94 requests226 products
2.4

Worldwide, 226 listings meet 799 buyer requests - 0.3 listings per request, so buyers compete for the listings on offer. The Middle East & North Africa sends 254 requests (31.8%), and there the same 226 listings make 0.9 listings per request. With fewer listings than requests, suppliers can be selective about which requests they answer.

Gap 2 · Trade termdemand: global, n = 611 · supply: n = 350
49.0%CIF21.7 pts27.3%
37.2%FOB7.0 pts44.2%
1.7%EXW6.6 pts8.3%
2.4%CFR5.0 pts7.4%

CIF is the clearest mismatch: about half of buyer requests (49%) ask for it, yet only 27.3% of listings offer it (350 supply vs 611 demand observations), buyers ask for it 21.7 pts more often than suppliers offer it. FOB runs the other way - 44.2% of listings against 37.2% of buyer requests, suppliers offer it 7 pts more often than buyers ask for it.

Gap 3 · Payment instrumentdemand: global, n = 496 · supply: n = 427
T/T · bank transfer
51.1%demand · global
33.2%supply
17.9 points apart
L/C · letter of credit
24.2%demand · global
26.5%supply
2.3 points apart

T/T is the widest payment gap: about half of buyer requests (51.1%) ask for it, but only 33.2% of listings accept it (427 supply vs 496 demand observations), buyers ask for it 17.9 pts more often than suppliers offer it. Western Union runs the reverse - 7.7% of listings vs 2.5% of buyer requests, suppliers offer it 5.2 pts more often than buyers ask for it.

Gap 4 · Price range — buyer target against supplier quoteUSD/MT, FOB basis both sides · middle half and median
Indian Basmati Rice typeBuyer rangeMedianSupplier rangeMedianGap
Basmati1200 – 12001200740 – 12001000-16.7%
Long grain white––400 – 1150444–

Indian Basmati Rice buyers price at a USD 1,200 median across 18 buyer prices, above the USD 1,000 supply median (176 observations) - expect pricing pressure on the first quote.

Gap 5 · Origindemand: global, n = 78 · supply: n = 202
Origins buyers ask for
India62.8%
Pakistan10.3%
United Kingdom6.4%
United Arab Emirates6.4%
United States5.1%
Origins suppliers ship from
India53.0%
Pakistan17.3%
United Kingdom7.4%
United Arab Emirates3.0%
Germany3.0%

Buyers ask for Indian origin in 49 requests against 107 listings (0.46 requests per listing), Pakistan in 8 requests against 35 listings (0.23), and the UK in 5 requests against 15 listings (0.33) - in all cases, more listings than requests, so buyers have choice and suppliers face competition.

Quotable — Freshdi Indian Basmati Rice demand versus supply
  • On Freshdi, the median Indian Basmati Rice buyer price is USD 1,200 across 18 buyer prices, above the USD 1,000 supply median across 176 listings, as of 14 November 2026.
  • On Freshdi, Indian Basmati Rice buyers price basmati at a USD 1,200 median (18 buyer prices) against USD 1,000 in listings, as of 14 November 2026.
  • As of 14 November 2026, for Indian Basmati Rice on Freshdi, CIF is the widest trade term gap - 49% of buyer requests against 27.3% of listings - while FOB runs the other way at 44.2% of listings against 37.2% of requests.
  • As of 14 November 2026, for Indian Basmati Rice on Freshdi, T/T is the widest payment term gap - 51.1% of buyer requests against 33.2% of listings - while Western Union runs the other way at 7.7% of listings against 2.5% of requests.
  • Freshdi had 226 Indian Basmati Rice listings against 799 buyer requests (0.3 listings per request), and buyers in the Middle East & North Africa posted 254 of them (0.9 listings per request), in the 90 days to 14 November 2026.
  • Indian Basmati Rice buyer requests on Freshdi asked for India 49 times against 107 listings, Pakistan 8 times against 35 listings and the United Kingdom 5 times against 15 listings, in the 90 days to 14 November 2026.
  • The United Arab Emirates (137), India (94) and Oman (52) sent the most of the 799 Indian Basmati Rice buyer requests on Freshdi with a known buyer country, in the 90 days to 14 November 2026.
05

What do I do now?

Act on the numbers above — post request, or browse every listing.

Post buying request for Indian Basmati Rice

Freshdi received 154 buyer requests for Indian Basmati Rice in the last 12 months. Verified suppliers quote against your spec — no platform fees on either side.

Post buying request

Browse all Indian Basmati Rice suppliers

881 listings from 411 sellers, filterable by type, MOQ, trade term and certification.

Go to Indian Basmati Rice listings
Frequently asked about Indian Basmati Rice on Freshdiprice · MOQ · trade term · payment · origin · certification

Indian Basmati Rice prices on Freshdi range from USD 444 to USD 1,159 per metric ton, FOB, with a median of USD 1,000 based on 176 listings. The wide spread indicates that quality, origin, and grade significantly influence pricing, so buyers must evaluate each listing's specific attributes rather than relying on a single average figure.

The typical minimum order quantity for Indian Basmati Rice is 25 MT, with a range from 5 to 25 MT across current listings. This suggests that while large volumes are standard, smaller orders are still available, offering flexibility for buyers with limited initial demand or testing needs.

FOB is the most commonly used trade term for Indian Basmati Rice, cited in 44.2% of supplier listings on Freshdi. Buyers should verify the exact term with each supplier, as demand for FOB is balanced by supply, and mismatches in other terms may affect logistics and cost structures.

Freshdi lists two main types of Indian Basmati Rice: basmati and long grain white. Basmati has the highest median price at USD 1,000 per metric ton with 130 listings, while long grain white is priced at USD 444 with only 28 listings, showing a clear price and volume disparity that buyers must account for in sourcing decisions.

91.5% of the 411 Indian Basmati Rice suppliers on Freshdi are verified, totaling 376 verified accounts. Additionally, 151 suppliers list a certificate, with HALAL being the most common at 19 suppliers, providing strong assurance of compliance and quality standards for buyers.

Post a buying request specifying the grade, quantity, and destination you need, or browse the live Indian Basmati Rice listings directly on Freshdi right now. Contacting a verified supplier from either path allows you to compare quotes, confirm availability, and negotiate terms before finalizing any order.

◆

Methodology

How the numbers on this page are produced, and what they do not cover.

Source

Every figure comes from Indian Basmati Rice listings, supplier quotes and buyer requests posted on Freshdi in the 365 days to 3 November 2026 - 881 active listings, 142 buyer requests, 226 source documents, and 1,537 supply observations from the last 90 days. External export benchmarks are cited separately and never mixed into Freshdi figures.

How ranges are read

Price and MOQ ranges are the interquartile range - the middle half of quotes, a quarter below and a quarter above - with the median reported alongside. A Indian Basmati Rice type is priced only once it holds at least 5% of supply price quotes and 3 priced listings with a real range; below that it is not listed. Buyer prices are compared only once there are at least 5 of them.

One basis only

All prices are FOB, in USD per metric ton; quotes on other Incoterms are converted to a FOB equivalent. Freshdi does not hold a CIF price series for Indian Basmati Rice, so no landed-cost comparison is possible from this data.

Gaps in percentage points

Demand-versus-supply differences in trade and payment term shares are stated in percentage points, and origin rows add buyer requests per listing. Each figure carries its market scope - global - beside the number rather than in a footnote.

What counts as what

Product freshness counts listings created or updated. Supplier activity counts sellers by their last update. The two are different measurements and will not agree.

Update cadence

Freshdi reprocesses market data every hour, with one snapshot a day for trends. This page's figures, certification coverage included, refresh every 14 days on a rolling 365-day window.

About Indian Basmati Rice

Indian Basmati Rice is part of Agriculture, Food & Beverage > Rice on Freshdi. Indian Basmati Rice shares its group on Freshdi with Baldo Rice, Baby Rice, Ready Rice, Three Grains Rice and Mixed Rice Products. Freshdi maps Indian Basmati Rice to the commodity Basmati Rice, HS code 1006. Offers of Indian Basmati Rice on Freshdi are compared by Broken % and Rice Type. Buyers posted 154 requests for Indian Basmati Rice on Freshdi in the 365 days to 14 November 2026. Post a buying request for Indian Basmati Rice on Freshdi and suppliers can send you quotations.

Buying Indian Basmati Rice factory direct: what to know


A reference for buying Indian Basmati Rice direct from producers: the facts of this category first.

What is the wholesale price and minimum order of Indian Basmati Rice?


As of November 2026, Basmati Rice offers on Freshdi sit at $444–$1,159/ton FOB, a guide for Indian Basmati Rice prices.

Price ranges and minimum orders across Basmati Rice; Indian Basmati Rice offers may differ.
Product typePrice rangeMOQTrade term
Basmati$740–$1,200/ton5–44 tonsFOB
Long grain white$400–$1,150/ton1–20 tonsFOB
All offers$444–$1,159/ton5–25 tonsFOB

Treat these Basmati Rice figures as a reference and get Indian Basmati Rice quotations on the same terms.

Which countries export Indian Basmati Rice?


India has the most Indian Basmati Rice suppliers on Freshdi (50%), followed by Pakistan (16%) and United Arab Emirates (4%), as of November 2026. Together, the top three countries hold 70% of the Indian Basmati Rice suppliers, a concentrated picture.

The origins of Indian Basmati Rice suppliers and their share of the supplier base.
CountryShare of suppliersSuppliers
India50%205
Pakistan16%68
United Arab Emirates4%17
United States4%16
South Africa3%11
United Kingdom3%11
Tanzania2%8
Germany2%6

Each origin brings its own freight cost and paperwork, so compare landed costs, not only prices.

Which Incoterms and payment terms do Indian Basmati Rice suppliers use?


Across Basmati Rice on Freshdi, the most common terms are FOB (44%), a reference for Indian Basmati Rice as of November 2026.

Usual terms across Basmati Rice; Indian Basmati Rice deals may use others.
TermTypeShare
FOBIncoterm44%
CIFIncoterm27%
EXWIncoterm8%
CFRIncoterm7%
DDPIncoterm6%
FCAIncoterm4%
FASIncoterm2%
DAPIncoterm0%

Read these Basmati Rice figures as the usual practice, then agree your own terms.

Where does Indian Basmati Rice sit in the product catalogue?


Indian Basmati Rice on Freshdi is related to White Basmati Rice, Broken Basmati Rice and High-Quality Rice, all within Rice. The biggest of these listings on Freshdi is White Basmati Rice (501 suppliers).

Categories next to Indian Basmati Rice in the catalogue, with a link to each listing.
CategoryRelationSuppliers
RiceWider group463
White Basmati RiceNearby category501
Broken Basmati RiceNearby category491
High-Quality RiceNearby category489
Premium Quality RiceNearby category479
Parboiled Basmati RiceNearby category463
Basmati Brown RiceNearby category440
Premium Basmati RiceNearby category439

Neighbouring categories often share suppliers and buyers, so they are worth a look.

Trade terms and how to compare quotations

A reference for every category: what the usual trade and payment terms mean, and the points to check when you compare quotations.

Trade and payment terms explainedPlain-language meanings of the Incoterms and payment terms used in trade between companies.
TermTypeMeaning
EXWIncotermThe buyer collects the goods at the seller's premises and pays every cost from there.
FCAIncotermThe seller hands the goods, cleared for export, to the buyer's carrier at a named place.
FOBIncotermThe seller loads the goods on the vessel at the port of loading; freight is the buyer's.
CFRIncotermThe seller pays sea freight to the destination port; the risk passes once loaded.
CIFIncotermLike CFR, and the seller also insures the goods until the destination port.
CPTIncotermThe seller pays carriage to a named place; the risk passes at the first carrier.
CIPIncotermLike CPT, and the seller also insures the goods to the named place.
DAPIncotermThe seller delivers to a named place, ready for unloading; import duties are the buyer's.
DPUIncotermThe seller delivers and unloads the goods at a named place in the destination country.
DDPIncotermThe seller delivers to the buyer's place and pays import duties and taxes too.
FASIncotermThe seller places the goods alongside the vessel at the port of loading.
T/TPayment termA bank transfer, often a deposit before production and the balance against documents.
L/CPayment termA letter of credit, under which the buyer's bank pays once the shipping documents match its terms.
D/PPayment termDocuments against payment, where the buyer gets the shipping documents once it pays.
D/APayment termDocuments against acceptance, where the buyer gets the documents by accepting to pay later.
CADPayment termCash against documents, where payment is made when the shipping documents are presented.
Bank TransferPayment termA direct transfer between bank accounts, agreed in the contract.
EscrowPayment termA third party holds the payment until the buyer confirms delivery.
CashPayment termPayment in cash, usually only for small or local orders.

Name the Incoterm with a place, and agree it and the payment term in writing before production starts.

How to compare quotationsThe points two quotations must share before their prices compare.
PointWhat to checkWhy it matters
Incoterm and placeEvery quotation names the same Incoterm and port or place.Prices on FOB and on CIF differ by the freight and the insurance.
SpecificationThe grade, size or composition quoted matches the one asked for.A lower grade can hide behind a lower price.
Quantity and MOQThe price is for the quantity ordered, above the minimum order.Unit prices change with the order size.
PackagingPacking type, size and labelling are stated and the same.Custom packing adds cost.
Payment termThe payment term and the deposit asked.It moves the risk between buyer and seller.
Lead timeThe production and shipping time to the destination.A late shipment can cost more than a higher price.
DocumentsThe certificates and export documents included.Missing papers can block customs.
ValidityHow long the quoted price holds.Quotations are often valid for a limited time only.

Ask every counterpart to quote on the same basis: only then does the lower price win.