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Is this crisis artificial before the full season of paddy is over?

by Afonso
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Even though there is sufficient stock, the wholesale price of rice has increased by Rs.6 to Rs.7 per kg in two weeks. And, in Naogaon, Kushtia and Dinajpur, the major rice producing districts in the country, the price has increased up to Tk 4 per kg in the wholesale market. The mill owners are giving the excuse of reduced stock of rice. However, the price of rice is increasing unnecessarily due to the manipulation of the syndicate, say consumers. Joining us to discuss this is Maya Monir Auto… Details

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