Minister says panic buying following rumours that supplies were running out led to the current situation.
Mohamad Sabu said rumours of supplies running low led to consumers ‘raiding’ supermarkets and sundry shops to buy more local rice than usual.
The minister, Mohamad Sabu, said the situation had led to consumers “raiding” supermarkets and sundry shops to buy more local rice than usual, “changing their tastes” after the price of imported rice rose to between RM37 and RM40 per kg from the previous range of RM32 to RM34. “So people then went on ‘raids’, buying three packs of rice when previously, they only bought one. When someone buys three packs, they take two from other people. Those that always bought two packs then bought four.”
Admitting that things were “chaotic” at the moment, he said the situation was recovering following the implementation of several short-term measures.
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