October 21, 2024 | 13:42 GMT +7
Hotline: 0913.378.918
October 21, 2024 | 13:42 GMT +7
Hotline: 0913.378.918
The sharp rise reflects higher production costs as well as stronger market demand following a shortage.
Japan's Agriculture Ministry says prices for all varieties of new rice sold by farming cooperatives to wholesalers averaged 22,700 yen, or 150 dollars, for 60 kilograms, marking a 48-percent rise.
The figure was also the highest on record for September since the ministry began surveying rice prices in 2006.
The year's crop begins appearing in stores in Japan from around September.
The ministry attributes the steep price rise to increased payments by agricultural cooperatives to farmers to cover higher production costs, including fertilizer prices.
Intensifying competition among customers due to a crop shortage also contributed to the higher payments.
(NHK)
(VAN) Pepper prices on 10/19/2024, continue to decrease by an additional VND 1,000. Domestic pepper prices are trading around VND 142,500 - 143,500/kg.
(VAN) Coffee prices on 10/19/2024 simultaneously increased. Domestic coffee prices have risen by VND 300, currently trading around VND 111,100 - 111,700/kg.
(VAN) Rice prices on 10/19/2024 increased by VND 50-100/kg, paddy prices remained stable. For exports, the price of Vietnamese rice has decreased by $ 3/ton.
(VAN) Live pig prices on 10/19/2024 slightly reversed, decreasing by VND 1,000. The live pig market across the 3 regions is trading at VND 61,000 - 65,000/kg.
(VAN) Coffee prices on 10/08/2024 sharply decreased. Domestic prices have dropped by VND 1,000, with trading now ranging between VND 111,700 - 112,300/kg.
(VAN) Live pig prices on 10/18/2024 are stable. Currently, the live pig market in all three regions is trading around the price range of VND 62,000 - 65,000/kg.
