yeah, Rice is a particularly high growing food in my country. In addition, oil is also trending up significantly. After the data published by FAO in early August, this really causes concern for poor people. They really face very high risks when it comes to ensuring daily food. Continues to be the main issue that drives inflation to continue to increase relative to the value of money that can be earned.
The same goes for my country, rice is no longer cheap and despite that, there's a set price ceiling for it. This is damaging the retailers and businessmen that are into the rice business. Apart from that, our government has imported a lot of metric tons just to let a supply go into the market to drive the prices down. Our country has become the top importer of rice and that made us on top of China which is the top importer of rice.
That's a lot of sense to think of because we're even tremendous times smaller than China but the demand of rice here is high because it is our staple food.