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Japan Releases 300,000 Tons of Rice to Stabilize Prices

6/2/2025

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Summary

Story summary

In a bold move to tackle skyrocketing rice prices that have doubled over the past year, Japan's government is set to release 300,000 tons of its stockpiled rice. Major retailers like Aeon and Don Quijote are already offering 5-kg bags for approximately 2,000 yen, as the government seeks to stabilize the market before crucial elections.

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Story summary

In a bold move to tackle skyrocketing rice prices that have doubled over the past year, Japan's government is set to release 300,000 tons of its stockpiled rice. Major retailers like Aeon and Don Quijote are already offering 5-kg bags for approximately 2,000 yen, as the government seeks to stabilize the market before crucial elections.