Rice Trading Bulk Purchase Global Prices How the Trade Works
20.00 ₹
Description
Rice traders are specialised intermediaries in the agricultural value chain who facilitate the purchase, selling, and exchange of rice in bulk quantities. Rice traders can be defined as the “bridge” connecting the supply of rice from the supply side (ranging from farmers to the Millers) to the demand side (ranging from wholesalers to retailers to the government).
Unlike the people who produce the crop or the people who mill the rice, the traders are interested in the connectivity of the market. Traders are interested in the movement of the rice product either to the surplus region of the market, where the rice is largely available, or the region of deficiency, where the demand for rice is high.