Tag: rice trade stability

  • Indonesia: Record rice output eases global prices

    Indonesia: Record rice output eases global prices

    Indonesian production surge causes regional supply shock High govt reserves help reduce Indonesia’s import reliance Indonesia’s agricultural authorities said this year’s harvest has delivered a “record” crop, helping relieve upward pressure on global rice markets. Speaking on 4 November, the head of the Badan Pangan Nasional (Bapanas), Andi Amran Sulaiman, noted that global rice prices…