US EditionJapanese companies call for improved distribution of stockpiled rice
- Rice prices in Japan have risen for 14 consecutive weeks, reaching an average of 4,214 yen for a 5-kg bag from March 31 to April 6, according to the Ministry of Agriculture, Forestry and Fisheries.
- The current price is more than double the average of 2,068 yen compared to the same period last year, noted the ministry.
- The government has started to release emergency rice reserves to help stabilize prices, but it has had limited effects thus far, as stated by the ministry.
- Despite rising prices, the total rice sales volume increased by 0.9% year-on-year, suggesting steady consumer demand.
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Rice Retail Price Increases for 14 Consecutive Weeks
The average price per 5 kilograms of rice sold in supermarkets between March 31 and April 6 was ¥4,214, ¥8 higher than the previous week, the Agriculture, Forestry and Fisheries Ministry said Monday. This marks the 14th consecutive week the price has increased.
·Japan
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Japan's rice prices continue to rise despite gov't intervention
TOKYO, April 14 (Xinhua) -- Rice prices at Japan's supermarkets have continued to rise despite government's move to release reserves to the market, according to the Ministry of Agriculture, Forestry and Fisheries Monday. Read full story
·Malaysia
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