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After increasing the rice rice prices in the moons, Japanese consumers can finally get a little relief.
Information of the Ministry of Agriculture of Japan The weekend, which has been on June 2 since March 2, the weekend on June 2, 4,920 yen (27.03 $ 27.03), which was 3920 yen (27.03).
This is the first time, the rice prices came within the target appointed by Prime Minister Shigeru Business.
In May, ISHIBA promises to lower prices that “rice prices believe that there should be 3,000 yen varieties, because 4,000 yen states cannot be correct.” He also said that the opposition MPs will receive individual responsibility for the issue.
The rice was the hot key in Japan, which leads to empty shelves in supermarkets in Japan, in the country, which is a desktop of empty shelves.
Reckless comments on rice cost a minister’s work. Former Japanese farm minister Taku Eto, in May, after the statements about the fans to buy free rice, came to the stage after public anger.
This year’s growth (in rice prices) this year is very sharp, maybe until March-Aprel. So a few months ago, every day, perhaps a few hundred yen every day, a few hundred yen.
Rice prices in Japan have sharply rose sharply in the second half of 2024 – behind poor products in 2023 Requirement from tourists – And in the first half of this year, he was accelerated.
26-year-old Tokyo resident Yichi Ryu hit CNBC on Friday that spikes of the spike in rice prices.
He was five kilograms of icy bags two years ago 2000 again about 1400 again, but prices rose up to 5,000 to 5,000 again.
“This year’s growth was very sharp until March-April. Thus, a few months ago, perhaps a few hundred yen, perhaps every day,” he said.
Government data revealed that In May, rice prices have increased twice, Celebrating 101.7% to growth and more than half a century.
Facilitate the shortcoming but uneven
However, the tunnel for Japan’s lack of rice seems to be a little light. In addition to the release of government rice resources, retailers offer rice imported from outside as US and South Korea.
Supermarket Aeon On June 6, the California source began selling riceThe decision was made in Japan in connection with the supply of low internal rice.
In April, Japan imported rice from South Korea for the first time since 1999 Bloomberg said. South Korean Food Export Company has signed a contract in May to export 200 tons of South Korea to relieve the global supply deficiency.
The agreement represents the largest volume of rice exported by South Korean company for general consumer sales in Japan, Korea’s periods reported.
In response to CNBC inquiries, the Japanese National Supermarket Union seems to be easier to “government rice stockpyls” in Japan’s deficiency in Japan.
However, the restoration of the supply was unequal in some places. Roy Larke, Japanese business professor in Japan’s Tokyo-based intelligence company told CNBC to CNBC, some supermarkets around Tokyo still have empty rice demonstrations, but these are small stores.
Added that “some chains are not experiencing a problem and have rice in some regional stores.”
Yoichi, “I recently remembered that I went to the supermarket (the) supermarket to get rice for the leap but I couldn’t buy them because I bought them because they were not there.”
Prices are high quality concerns
Despite a return of rice, prices are still high. The National Supermarket Association said, “There is no reasonably valuable rice stock of rice.” Many stores appear to be highly valuable rice.
Larke said that there may be other reasons, “The government’s branded rice prices began to sink only one month from the government, and now it seems to date.”
When the Japanese government was released, they sold rice to retailers directly, These shares aims to buy consumers again 2000 for a sack.
“Theory shows that it can be more and still on the government’s target of rice prices and still the government’s goal (2000 yen from 5 kg of bags),” said Larke.
Many consumers are not tasty and are worried that the collected rode is not delicious.
Yoichi, the government’s grain reserve has made the same feeling of high quality compared to newly accumulated rice reserves.
In Japan, the newly collected rice “ShinMai” is literally sold as a new rice and is accepted to taste better. There is even a legal request The rice packed in December 31 of that year is allowed to be labeled as “ShinMai”.
After the product next year, the current product will be recognized as “comaai” or old rice. Government reserves come from the terms and such terms “Blow or everything” To describe the product of 2021 (literally in the true sense of the old rice).
Phrases of Central Bank officials of Japan Attention the rice prices, such acute increases are likely to be progress.
Boj Governor Kazuo Ueda, at a press conference after the June meeting of the Central Bank, “the consumer is about 3%. But this is due to import costs and rice prices.” Comments translated by Reuters.
