Support With decreased production this year in many rice-growing countries, prices of the grain on world markets have increased. ββββββββ βββββ ββββ ββββββββ ββ βββ ββββ ββββ ββββ β βββββ ββββββββββ ββ βββββ ββββββββββ ββ ββββ βββββββββββββ ββββ ββββββββββ βββββββ βββββββββββ ββββ ββ βββ βββββ ββββββββββββ ββ βββ βββββ ββββββββββββ ββββ ββ ββββββ ββββ βββββ ββββββ βββββββ ββββ ββββββ βββββββ ββ ββββββββββ βββ βββββββββββββ ββββββ βββ ββββββ ββ ββββ βββββββββ ββ βββββ ββββββββ
The phenomenon is that world rice production decreased and prices increased. Analysts hypothesize that the price increase is due to the fact that most of the world's rice is controlled by governments and distributed for local use, with only a small portion being sold commercially. Because so little rice is sold commercially, minor fluctuations in production can significantly impact market supply.
The analysts assume that because only a small amount of rice is sold commercially, it must be that a decrease in market supply caused the price increase. In other words, the analysts assume that no other factor could have caused the price increase.
Analysis by ZaiboonAzhar
Which one of the following, ββ βββββ βββββ ββββ ββββ ββββ ββββββββ βββ βββββββββ βββββββββββ ββ βββ βββββ βββββββββ
Rice-importing countries reduce βββββββββ ββ ββββ ββββ βββ βββββ βββββββββ βββββββββββββ
In times of βββββββββ ββββ βββββββββββ βββββββββββ βββββ ββββ ββ βββ ββββ ββββ βββββββ βββ ββββββ βββββ βββββ ββββββββββββ ββ βββββ
In times of βββββββββ ββββ βββββββββββ βββββββββββ ββββββ ββββ ββ βββ ββββ ββββββββββ ββββββββ βββ βββββ ββββββββββββ ββ βββββββββ ββββ ββββ βββββ ββββββββ
Governments that distribute βββ ββββ ββββ βββ βββββ βββββββββββ ββββββββ βββ βββββ ββββββββββββ ββ βββ βββββ ββ ββββββββββ βββββββββββ
During reduced rice βββββββββ ββββββββββββββ βββββββββ ββββββ βββββ βββββ ββ ββββββ ββββββββ ββββ βββββ ββ ββββββββββ βββ βββββββββ ββββ ββββββββ