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Sunny Side Up: Rice at Rs. 500?

12 Dec 2021

The use of urea under current conditions could result in a kilogramme of rice being sold at around Rs. 500 in the local market, according to State Minister Shasheendra Rajapaksa. Addressing a recent event, Rajapaksa had said that urea that was purchased at $ 278 per tonne had now increased to $ 1,282 per tonne. He had observed that if urea was imported at such prices for paddy cultivation, the price of a kg of rice would cost over Rs. 500. A pack of 25 kg of urea is currently sold at over Rs. 9,000 in the local market.


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