Floods lead to increase in prices of rice and pork in southern provinces

VIENTIANE (Vientiane Times/ANN) – The prices of pork and rice have been increased in southern provinces of Laos affected by floods but they are within manageable levels due to the government’s intervention.

The price of rice increased by about 500 kip to 1,000 kip a kg, while the price of pork rose by about 5,000 kip a kg as traders were facing problems in transporting the commodities, according to Champassak province’s Industry and Commerce Department.

Many roads have been submerged by flood waters and damaged, which has resulted in traders facing difficulties in accessing their customers.

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