The Hector Kobbekaduwa Agrarian Research Institute states that the price of rice cannot increase due to the abundance of rice stock.
According to the institute it is reported that there is an artificial upsurge in the market price of rice.
The Hector Kobbekaduwa Agrarian Research Institute further stated that 1 kg of Nadu rice is sold between Rs55 and Rs65 and 1 kg of Samba between Rs70 and Rs80.
The Institute points out that however a further upsurge in the price of rice is not possible at the moment.