InternationalInternational Economics

2 effective factors in the recent price reduction of Iranian rice


Ghasem Ali Hosni, in an interview with the economic reporter of Fars news agency, stated that the price of rice in Tehran market has decreased compared to the previous days, and stated: The price of first grade Iranian rice has decreased by 10 thousand tomans compared to the previous days and has reached 110 thousand tomans per kilo. .

He expressed hope that the price of first-class Iranian rice will decrease further in the coming days and reach less than 100 thousand tomans per kilo.

Saying that these prices are related to first-class rice, Hosni clarified: the price of Iranian rice with lower quality is available in the market from 70 to 110 thousand tomans per kilo.

This official predicted that in the next two weeks, with the start of rice harvesting, the price of rice will decrease further.

* Two factors that reduced the price of rice

He answered that what is the reason for the decrease in the price of rice? He said: Two factors have contributed to the decrease in the price of rice, firstly, the rice harvest will begin soon and it is expected that we will have a 30% increase in production compared to last year, and this will psychologically affect the prices.

He pointed to the second reason and said: This year, the government has released the import of rice, which was prohibited for 5 months of the year, and this has become a factor in reducing the price.

According to this official, due to the large difference between the price of foreign and Iranian rice, there was no longer a ban on local imports from Arabs, and for this reason, the government decided to lift the ban of previous years.

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