Floods Last Year Cause Rice Prices in Laos to Double
The price of sticky rice is skyrocketing in Laos, in the wake of massive floods in one of the country’s most fertile regions and various other causes, amid rising prices of food in general due to the African swine flu epidemic that has ravaged China and Southeast Asia over the past year.
A rice trader from Vientiane Capital’s Xaysettha district told RFA’s Lao Service, “prices of rice have doubled. Sometimes it is even three times more expensive. A 12-kilogram bag of sticky rice in the capital is now $13, up from $7 late last year.”
RFA’s Lao Service