The price of Kazakh rice has almost halved; the market has come to a standstill

Published 2024년 11월 19일

Tridge summary

Rice growers in Kazakhstan are facing challenges in selling their grain due to a significant decrease in market price, nearly halving. They have harvested approximately 560 thousand tons of rice this year and are seeking support from the authorities. The vice minister of trade and integration has acknowledged the issue and promised to investigate. The decrease in price has led to a market stagnation, with Russia, a previous buyer of Kazakh rice, no longer purchasing.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Rice growers in Kazakhstan, who have had a good harvest this year, do not know where to sell their rice grain. The price of rice has fallen almost by half. The market has stopped, the APK News agency reports. “We pay special attention to wheat. But this crop is not the only one in a difficult situation. Last week we went to the Kyzylorda region. Rice growers are also raising the issue of selling their harvest. They have harvested about 560 thousand tons of rice grain this year. They say that the rice market is at a standstill. Farmers are asking for support from the authorities,” Serik Egizbayev, Chairman of the Committee on Agrarian Issues, said yesterday at a meeting in the Majilis, addressing a representative of the Ministry of Trade and Integration. The vice minister of this department, Zhanel Kushukova, noted that there are no restrictions on rice exports in Kazakhstan. "In principle, there were no restrictions on neighboring countries either, we probably need to ...
Source: Zol

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