| This paper tries to study rice price movements and relationships that might exist between rice prices of different selected countries; furthermore, some demand relations for rice will be constructed. Factors influencing consumption such as changes in population and incomes will also be discussed. The period under study will be from after the Second World War to 1960. Rice price fluctuations can be observed from year to year both in local markets and in international trade. This is due to differing demand and supply conditions. On the one hand, production has greatly fluctuated, because of acreage and yield variations; on the other, rice consumption has changed patterns in many countries. |
