Japan releases 210,000 tons of rice reserves to fight soaring prices, to be repurchased within a year.

Japan will release 210,000 tons of rice from its emergency reserves to combat rising rice prices, which have doubled in some areas. The rice will be sold through a bidding process starting mid-March, with the government planning to repurchase the same amount within a year to avoid price collapse. The decision follows a policy change allowing the release of stockpiled rice to address market price spikes.

6 weeks ago
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