Farmers reluctant to sell paddy to PMB due to market price

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Farmers are reluctant to sell paddy to the Paddy Marketing Board (PMB) due to the price in the open market.

The Paddy Marketing Board has commenced purchasing rice from the 2018 Maha harvest in the Eastern Province and collected 2, 000 Metric tons under the guaranteed price up to date, the Government information department quoted the PMD Chairman M.B. Dissanayake as saying.

Dissanayake further said that since the Maha harvest in the Southern Province also commenced simultaneously, the PMB has taken steps to start paddy purchasing activity from tomorrow in the South.

Commenting on market price of the paddy, the Chairman said farmers are reluctant to sell paddy to the Paddy Marketing Board due to the price in the open market.

However, PMB is ready to buy Nadu and Samba rice at Rs. 38 and 41 per kilo respectively. (Colombo Gazette)

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