THE prices of rice have seen a sharp increase within two months and move in the range of K1,300-K4,700 per bag, as per the domestic market’s data.

Last 1 August, the price of a rice bag containing 108 pounds was K 39,900 per bag for Paswan (80 marks), K42,100 for pawsan (90 marks), K32,900 for the package (80 marks), K34,400 for package (90 marks) and K28,300 for ehmeta.

After two months, the price of rice bag fetched K44,600 per bag for pawsan (80 marks), K46,700 for pawsan (90 marks), K36,000 for pawkawe (80 marks), K37,600 for pawkawe (90 marks) and K29,600 for ehmeta(90 marks).

As a result, the price of a 108-pound bag of rice increased and ranged between K1,300 and K4,700 in two months.

The rice, an essential staple food, the price has slightly risen since last month. These prices have been rising steadily since May when monsoon paddy was started cultivating.

Moreover, the rice price usually rises during the monsoon season, and the year’s monsoon season also saw a record high of rice price as previous years.

The current pandemic control activities and natural disasters are also affecting the rice market, and the price possibly remains high for next month.

NN/GNLM

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