May 5, 2015

Hoarding

Despite the souring cost of rice on the market, the price of unhusked rice (gabah) produced by local farmers has fallen to around 0.37 US cents per kilogram. According to the Central Statistics Agency, unscrupulous traders are buying rice at low prices from poor farmers, then hoarding stockpiles in order to inflate prices and reap huge profits.

Kompas - May 5, 2015