Indonesia: Indonesia Rice Update March 2015

  |   Attaché Report (GAIN)

Indonesian wholesale rice prices grew by 22 percent in February, 2015, while retail prices increased more than 5 percent during the same period. Post attributes the price rise due to supply declines caused by delayed harvests. The Indonesian government has allocated 300,000 MT of rice in order to offset rising prices, and also distributed 174,000 MT of rice through its raskin program during January/February 2015. 

Indonesia: Indonesia Rice Update March 2015

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