Larger gaps between wholesalers' procurement and selling prices, which represent their costs and profits, may be a factor behind the high retail price of rice in Japan
The government, led by Prime Minister Paetongtarn Shinawatra, has lifted restrictions on Thai rice exports, allowing small-scale farmers to export rice to global markets.
TOKYO (Reuters) -Japan said on Friday it would release another 300,000 metric tons of rice from its emergency stockpile through July and tweak its purchasing policy to counter a shortage and rein in sky-high prices.
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
Vietnam’s rice exports reached a record 9.04 million tonnes in 2024, up 11 percent year-on-year, with an increase of 21% in value to reach 5.7 billion USD.
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