Sri Lanka Brodcasting Corporation

Thu09202018

Last updateThu, 13 Sep 2018 10am

Business News

Sathosa emphasizes that there is no necessity to place orders for new imports of rice.

Sathosa and the Association of Traders Importing Essentials states that sufficient stocks of rice are available to meet the domestic demand. Rice stocks of the Maha season are being received. Thereby, there is no necessity to place orders for new imports of rice.

Meanwhile, the Department of Agriculture states that 600,000 hectares of farmland were cultivated during the past Maha season. A harvest of 2.2 million metric tons is expected. Once received in the market the requirement for rice for 6 months will be met.

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