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Rice: Regional Context and Implications For Timor-Leste - August 2023

https://docs.wfp.org/api/documents/WFP-0000152311/download/
Short bulletin covering the regional context and implications for Timor-Leste’s current rice import dependency in the light of global price increases, the expected reduced global rice harvest, and the impact of El Nino

The rice import dependency in Timor-Leste means that changes in international rice prices directly affect domestic prices. This short bulletin outlines the factors impacting rice price increases, provides a snapshot of the main Asian rice markets, and sets out key recommendations for action to mitigate the rice price increase factors on the people of Timor-Leste.