Ecuador: The first batch of Uruguayan rice is 400 tons

Published 2023년 9월 27일

Tridge summary

The first batch of rice imported from Uruguay arrived in Ecuador, bringing 400 tons of grain. Over the next 8-10 weeks, a total of 15,000 tons is expected to be imported to balance the market supply and lower the price of rice. The import is part of a contingency plan in case of grain shortages caused by the El Niño climate phenomenon, and the president of Corpcom assures that it does not aim to reduce local production or affect prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On September 11, the first batch of rice imported from Uruguay arrived, bringing with it 400 tons of this grain. The total amount that is expected to be brought is 15 thousand tons, over the next 8 or 10 weeks. The end? to balance the market supply, to make the product drop in price. The president of the Corporation of Rice Industries of Ecuador (Corpcom), Juan Zuñiga, details that this is the most small shipment that has arrived in the country, and they anticipate that the following shipments will be 1,500 tons per week, as planned. Zuñiga details that the import is part of the plan that seeks to supply Ecuador with product in case the El Niño climate phenomenon wreaks havoc on the rice sector and thus avoid grain shortages. Read also: There is an expectation that the price of rice will drop This measure has generated complaints in the productive sector, which fears that a greater amount of grain on the market will lower prices too much and affect its profitability. Given this, ...
Source: Expreso

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