CONNAROZ Will Not Buy
Enough Rice
In the battle to get the
government to set a fair
price of rice, the rice
producer association
CONNAROZ has decided not
to buy the 162.000
tonnes of rice as
announced earlier this
month, but in effect
will only buy 32.000
tons.
According to Oscar
Campos of CONNAROZ,
producers decided to buy
the lower amount due to
price speculation on
international markets.
The rice producers are
adamant that until the
government publishes the
executive order and does
not set a price that is
beneficial to them, they
will not more forward to
make rice purchases
required to make up the
shortfall by local
producers.
The 32.000 ton purchase
is expected to arrive in
July when the price of
rice will go up ˘100 for
a 2Kg bag at the
supermarket.
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