Sellers allowed to adjust imported white rice prices until new sacks arrive

PUTRAJAYA: The Agriculture and Food Security Ministry has authorised the temporary use of price stickers on sacks of imported white rice (BPI) until Nov 30, when the sacks with new pricing arrive.

In a statement on Sunday (Sept 24), the ministry said the decision was reached during an engagement session between the ministry and rice industry players on Sept 13, following the BPI price adjustment by Padiberas Nasional Berhad on Sept 1.

"All Rice Wholesale and Rice Retail licence holders, including hypermarket operators, were informed of the decision through a circular issued by the Padi and Rice Regulatory Authority director-general on Sept 13.

The decision was made collectively, considering the time and cost required by rice wholesalers to replace the old rice sacks with the new ones,” said the ministry.

The ministry also urged all Rice Wholesale and Rice Retail licence holders to comply with the Control of Padi and Rice Act 1994 (Act 522) and its regulations.

Recently, a viral video showed traders affixing new price stickers in an attempt to make a profit.- Bernama

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Rice , Sticker , Wholesaler


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