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Global agricultural commodity prices reach 2023 highs amid conflict and climate volatility
Al Jazeera AR·UA · RU · IL·3 days ago
Private rice stocks in Japan reached a record 2.43 million tons by the end of June, significantly exceeding optimal levels. The surplus creates uncertainty regarding the pricing trajectory for the upcoming harvest season.
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Japanese retail rice prices have declined for four consecutive weeks, reaching 3,373 yen for 5kg, confirmed by Mainichi EN. This trend coincides with record private rice inventories of 2.43 million tons by end-June, confirmed by NHK World. The sustained downward price trajectory and surplus stock indicate a stabilization of supply-side pressures, though future pricing remains uncertain.