# Rice price stabilised thanks to increase in supply, federation says | Vietstock

> Cambodia's Green Trade Company and the Cambodia Rice Federation said increased shipments of milled rice to local shops, of 100 to 500 tonnes, have stabilised prices. The move followed panic buying of staples amid Covid-19 fears. The federation urged the public to avoid panic buying.

- Date: 2020-03-19 · published 2020-03-19T12:00:00.000Z
- Category: logistics · region Cambodia · magnitude low
- Page: https://feedsoft.ai/events/7424-rice-price-stabilised-thanks-to-increase-in-supply-federation-says-vietstock
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Stabilised local supply limits the spike in domestic rice prices from stockpiling, but the effect is confined to Cambodia's local retail market and has little bearing on global rice futures.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-07-29 | [More rice mills stop operations \| Philstar.com](https://feedsoft.ai/events/58170-more-rice-mills-stop-operations-philstar-com.md) | -4.0% | -10.0% |
| RICE | 2021-12-06 | [Importers to pay N300b freight rates on foreign rice to Nigeria, others \| The Nation](https://feedsoft.ai/events/43667-importers-to-pay-n300b-freight-rates-on-foreign-rice-to-nigeria-others-the.md) | -1.7% | +2.6% |
| RICE | 2020-05-09 | [Rice exports to Bangladesh via West Bengal likely to begin soon \| The Business Standard](https://feedsoft.ai/events/53103-rice-exports-to-bangladesh-via-west-bengal-likely-to-begin-soon-the-business.md) | -4.1% | +14.2% |
| RICE | 2022-01-14 | [Port helps local rice producers deliver to international markets \| American Press](https://feedsoft.ai/events/43223-port-helps-local-rice-producers-deliver-to-international-markets-american-press.md) | +5.6% | +8.1% |
| RICE | 2024-06-14 | [High shipping costs dent Vietnam's rice prices - BusinessWorld Online](https://feedsoft.ai/events/29840-high-shipping-costs-dent-vietnam-s-rice-prices-businessworld-online.md) | -1.9% | -20.7% |

## Sources

- en.vietstock.vn: https://en.vietstock.vn/2020/03/rice-price-stabilised-thanks-to-increase-in-supply-federation-says-41-385216.htm

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.