Rangoon rice market.

The rice market rose today [Rangoon, October 1] and Java shippers are paying Rs. 400 and over for rice to fulfil their engagements for which they have already got licenses. There is much discussion as to how the Government will obtain rice for Madras as the present price Rs. 372 for October open market purchases would be very costly. Millers are said to be holding up stocks and Government interference is suggested as necessary. Local price at present make shipping to India almost impossible.

Source : https://www.thehindu.com/todays-paper/tp-opinion/rangoon-rice-market/article25100860.ece

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