9
ON
Wednesday, February 13, 1974
CLOSE WATCH ON RICE PRICES MAINTAINED
A careful watch over price mark-ups on rice at all levels of the
trade is being maintained by the Commerce and Industry Department.
Departmental inspectors visit between 70 to 100 retail outlets
every working day, covering different areas each day, to ensure that price
tags are displayed on rice offered for sale and that prices generally
match the quality of rice on offer.
This was stated at today's Legislative Council meeting by the
Director of Commerce and Industry, Mr. David Jordan, who said that most
retail shops are offering rice in the price range $1.50 to $2.10 pcr catty.
"In the light of import costs and trade overheads I think this
is about right, " he added. "But it is the practice of almost all rice
shops to blend rice of different qualities and it is important that the
consumer should buy selectively."
Mr. Jordan, who was replying to a question from Mr. Hilton Choong-Leen,
said that the Commerce and Industry Department continues to watch the
international supply position for rice very carefully.
"Boaring in mind the high quality of rice that our consumers
demand, and our total dependence on imports, I am satisfied we are securing
our rice supplies at prices as favourable as world market conditions permit,
he said.
It
"We certainly
گور یا هم
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