Due to the falling price and difficulty in selling, export companies will purchase 1.5 million bushels of unripe rice for about 140 billion kyats.
Bad weather and stockpiling are among the difficulties encountered.
The average price stood at ¥26,485 for 60 kilograms, up 73% from a year before. It was also ¥558 higher, or 2%, from a month before.
It is believed that the Bank of Japan considers it necessary to carefully assess the economic impact of the additional interest hike it decided on in January and the current U.S.…
Pepper prices are currently fluctuating between VND159,000 (US$6.22) and VND161,000 (US$6.30) per kilo, marking the highest levels in nearly a decade. Meanwhile, export prices of…
Gold prices in Bangladesh have been rising steadily for over a year, driven by international market trends and volatility in domestic supply.
This is the first time for the government to make a release from its stockpile to stabilise the rice market.
The Energy Regulatory Commission stated that the price adjustments aim to align with market principles and enhance the energy sector's financial sustainability.
Experts attributed the decrease to factors like the timing difference of the Spring Festival holiday, which started in earlier this year compared to last year. Other contributing…
Production costs outweigh current prices.