Retail price of imported white rice cheaper by RM2 to RM3

PUTRAJAYA: The retail prices of imported white rice (BPI) will be reduced between RM2 and RM3 effective today, said the Agriculture and Food Security Ministry (KPKM).

The current retail price of BPI in the market is between RM38 to RM45 for a 10kg pack and with the announcement of the new price range, 10kg pack imported white rice will be reduced to RM35.

Agriculture and Food Security Minister Datuk Seri Mohamad Sabu said in a statement yesterday that the decision was finalised through the National Action Council on Cost of Living (Naccol) to overcome the shortage of local white rice (BPT) in the market following the announcement for BPI prices by Bernas on Sept 1, 2023.

“In order to enable the people to buy rice at a reasonable price, the government through the Naccol meeting agreed to reduce the prices of BPI by RM2-RM3 in the market.

“The government remains optimistic that the initiative will be able to ease the people’s cost of living during the Ramadan month and festive season,” he said in a Bernama report based on the statement.

Mohamad Sabu added to increase the distribution of BPT in the market, the government has decided that all current available stock of paddy and rice that has been bought by the factories, amounting to 140,000 tonnes, can be processed and distributed for the local market.

“Therefore, KPKM will increase its enforcement through its Paddy and Rice Control Section (Kawalselia Padi dan Beras) throughout the country. In expanding the distribution network for BPT, Agro Madani Sales will be initiated by the Federal Agriculture Marketing Authority (Fama) and the National Farmers Organisation (LPP) on a more frequent basis,” he said.

“All these efforts reflect the government’s commitment to ensure food security in the country,” he said.