Sri Lanka re­turns to MRPS, con­firms in­ter­na­tional or­ders to steer rice sup­ply

Daily Mirror (Sri Lanka) - - SPORTS -

Sri Lanka has con­firmed the pur­chase of 500000 met­ric tons of rice from four global sup­pli­ers to face pres­sure from its do­mes­tic mar­kets dis­tressed by paddy short­fall for three straight sea­sons.

Ship­ments from one coun­try are al­ready be­ing off­loaded at Colombo Port. Sri Lanka is also re­turn­ing back to its scrapped rice MRPS in the next two weeks.

“As a re­sult of these pur­chases, we have over­come any rice short­ages and prices are back to low lev­els,” said Min­is­ter of industry and Com­merce Rishad Bathi­udeen, ad­dress­ing a spe­cial press con­fer­ence on rice sup­plies and other es­sen­tial prod­uct prices at his min­istry.

“The aim of the Cost of Liv­ing Com­mit­tee (COLC) of the gov­ern­ment is to sup­port our con­sumers with low­est prices. As a re­sult of short­fall in the lo­cal paddy pro­duc­tion for three sea­sons, we ex­pe­ri­enced rice short­ages and higher prices in the lo­cal mar­ket,” said Min­is­ter Bathi­udeen, and added: “Based on es­ti­mates of rice sup­ply short­ages in the com­ing months, COLC or­dered 500,000 MT rice to be im­ported from abroad. As a re­sult my of­fi­cials at the Min­istry of Industry and Com­merce or­dered rice 500,000 MT rice from Myan­mar, Pak­istan, Thai­land and In­dia. The 100,000 MT “raw rice” (Nadu) or­dered from In­dia has al­ready started ar­riv­ing; 8890 MT of it is now be­ing off­loaded at Colombo Port. This is a gov­ern­ment to for­eign pri­vate sec­tor or­der.

“The rest –the 400,000 MT from other three coun­tries are gov­ern­ment-to-gov­ern­ment pur­chases and in­cludes other va­ri­eties of rice as well. As a re­sult of these pur­chases, we have over­come any rice short­ages and prices are back to low lev­els. The Co­op­er­a­tive Whole­sale Es­tab­lish­ment (CWE) un­der my Min­istry is re­ceiv­ing these gov­ern­ment im­ported rice stocks and re­leases them to Lanka Sathosa un­der this Min­istry to be sold at low prices to the con­sumers.

I am pleased to say that to­day Lanka Sathosa has the low­est rice prices in the mar­ket com­pared to other lo­cal su­per­mar­kets. White raw (sudu kekulu) at Rs 65 per kilo, white raw samba Rs 90, samba Rs 84, and Nadu Rs 74.

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