Malaysia will limit retail purchases and boost enforcement to prevent locally produced rice being sold as the more expensive imported grain, as the fallout from India’s export curbs continuing to upend the market.
Purchases will be capped at 100 kilograms per person effective immediately until supply concerns ease, Paddy and Rice Regulatory Director General Azman Mahmood said. He made the remarks after a government-convened meeting with farmers and the state importer to discuss supply security.
Export restrictions by top shipper India have sent shock-waves across Asia and Africa, prompting worried consumers to implement measures to secure supply and contain rising food costs. Malaysia started checks on wholesalers and commercial millers last month after allegations that local grain was being sold as imported rice at higher prices, according to Sabu.
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