Rice traders told not to hoard

Rice traders told not to hoard

BANJARMASIN, South Kalimantan: Deputy Governor Gusti Hasan
Aman has appealed to local rice traders not to hoard the
commodity in the hope of bolstering their profit.

He said that the government was prepared to beat them at their
game as it has ample stocks which it could release in the market
to bring the prices down, the Antara news agency reported.

Rice prices have shot up upon speculation that the severe dry
spell is threatening the national rice supply.

Gusti Hasan said the provincial government has 15,000 tons of
rice in stock, enough to supply the needs of the area for five
months. (05)