Japan releases 210,000 tons of government rice

Japan releases 210,000 tons of government rice from reserves
Japan's government said Friday it will release up to 210,000 tons of rice from its stockpile in an effort to stabilize the supply in the market and counter-act rapidly rising rice prices.
The price of rice in Japan is soaring. The government is releasing 210,000 tons from its stockpile to fight it.
The cost of rice is soaring in Japan, prompting the government to step in with its own stockpiles in a bid to stabilize the market.
Japan to release emergency rice reserves to fight runaway inflation
The Japanese government said Friday it will release a fifth of its emergency rice stockpile after hot weather, poor harvests and panic buying over a "megaquake" warning nearly doubled prices
Japan's government to release emergency rice as prices surge
Japan's government has announced plans to release 210,000 tonnes of emergency rice in response to the staple food's soaring prices. Previously, such a move was reserved for times of emergency, such as major earthquakes,
Editorial: Releasing rice reserves alone cannot secure Japan's staple food
If speculative movements are driving up rice prices, government intervention may become necessary. However, if the response is limited to symptomatic ･･･
Japan to release 210,000 tons from rice reserves amid surging prices
The government will release up to 210,000 tons of its stockpiled rice, farm minister Taku Eto said Friday, in a bid to ensure smooth distribution of the Japanese staple amid soaring prices. The first-ever release from the rice reserves is aimed at lowering prices in supermarkets and other retailers.

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