basmati rice

19 Sep

london 9.35am monday 2016 18.3C cloudy

this article says iran is banning import of basmati rice to support its farmers. it imports 20% of india’s supply of basmati rice, and had put on a ban  before, leading to a drop in price in nov 2015.

ah, so that explains why basmati rice sold in london has gone up and down. recently i bought 10kg for £6.50. and that sale at that price is still going on. they say  it might be even cheaper in future . though perhaps not, if £ remains so low. but i got so much rice now, i wont be too bothered if the price remains steady. haha. its good news for us rice eaters, though perhaps not good news for rice growers.

what i am curious to know is how come britain can buy rice from india, if we have no trade agreement with it. how come we can buy so much goods from china when we have no trade agreement with it. it makes me realise that what the owner of whetherspoons pubs said was correct. he said we dont need a trade agreement to trade with a country. he said his pubs has been doing that for ages. trade agreements are a red herring.

what country insists that u  allow unrestricted movement of people for work or benefits as a condition of trade?  its unheard of, but the EU wants that as a condition for uk to trade with them. ridiculous. 

we are getting basmati rice now , from india , or thailand. so how come it is done since we dont have a trade agreement with those countries. it shows trade can happen. you dont need trade agreements.

i think the underlying wish to have a trade agreement with europe is the financial services that london provides. if access to europe is restricted the city of london might suffer. that must worry the city of london. but then the only other rival to london is new york and EU are not having a trade agreement with america either.  i think EU hope that ttip will be agreed, that would take the sting out of uk leaving the EU as new york can take over from london for european companies to link to…but without ttip, businesses in europe will suffer too if their costs rises from having to  raise finances from london or new york. it goes to show how crucial ttip is to europe, but with the americans insisting that they can be allowed to sue govts for enacting laws that restrict the US companies business  … that one is hard to swallow for the govts of EU. some people think that is an example of the dictatorship of US businesses, but actually it is a safeguard … for eg, EU can enact a law that makes sale of tobacco illegal. or restricts its sale, or impose a quota on imported tobacco… some of us might welcome it, but in terms of business, it might be illegal and the US tobacco companies can sue for loss of business. you might say , it wont happen. but the EU has shown it can cook up arbitrary laws, like the ban on the hijab, for eg. i myself do get a turn when i see women covered from head to toe in black, shading even the eyes. it is unsettling to me. but certainly u cannot forbid them to do it. in a free country u just dont dictate to others what they should or should not wear. but i guess it is understandable that europe after having suffered so many terrorists all seeming to come from people who profess to be followers of islam, might be really nervous at seeing these women. but the authorities should try to educate the populace about it… after all it is not the women who go round bombing them, but the men. if anything they should be banning the young muslim men or vet them more strictly. trumps solution, which is quite logical , if u think of it without any emotion. all of the terrorists are young men who profess to follow islam. logic suggests that they should be focused on and targetted. ah well, putting it into practise and making sure only the guilty are affected is not possible, perhaps. we just cannot see into men’s minds and hear their thoughts so that we can find those who mean us harm.

i wonder how i got from basmati rice to terrorists…ah well, just as well i am not in charge of the country. haha. i shall just go back to pottering around in my life and enjoy my life.

if the price of rice goes down to £360 a tonne, that is = 0.001p a kg. is the maths correct? it is really so low?so selling it to us for .65p a kg is a huge markup. well, its a 600x markup… the retailer really makes money out of this. the farmer is the fall guy if u ask me. on the other hand, the only labour is during the planting and the harvesting. the rest of the time the farmer is just sitting around waiting for the rice to grow though he might have to keep the pests away haa. but he does not really get much for his efforts. the retailer is the one who profits. 




7 Responses to “basmati rice”

  1. Garfield Hug Monday September 19, 2016 at 4:02 pm #

    Just to share 10kg for £6.50 is reasonable. I pay 1kg brown basmati rice for $6.30. 10kg regular white is close to $17.00

    • alifesgayventure Monday September 19, 2016 at 4:12 pm #

      we dont have brown basmati rice for sale in uk, at least i have never seen it. its bound to be more expensive, seeing that anything brown is supposed to be good for you. haha. brown rice can go rancid, it seems.
      what is the cost of white basmati rice in singapore? maybe it will come down in price, if what they said about the price crash is correct. singapore imports everything. the danger is that the retailers might not reduce their price, even if the wholesale price drops,to protect their business.

      • Garfield Hug Monday September 19, 2016 at 4:14 pm #

        Agree! 10kg regular white basmati rice is close to $17.00

      • alifesgayventure Monday September 19, 2016 at 4:22 pm #

        will it go down even further, i wonder? if what they say is correct that the wholesale price will go as far down as £360 a tonne. however, it might be the retailers in singapore will not reduce the price further, to protect their profits. it wont serve them to chase each other down to the lowest price. here in london,we have the supermarkets who are highly competitive.

      • Garfield Hug Monday September 19, 2016 at 4:23 pm #

        It will take a while as I think consumption for Thai regular long grain is more popular than basmati. It will take time for us to increase imports from India etc. For now we import from USA

      • alifesgayventure Monday September 19, 2016 at 4:27 pm #

        oh, i forgot , thai rice is more popular. malaysia is also the same if i recall. jasmine rice is so fragrant.

      • Garfield Hug Monday September 19, 2016 at 4:29 pm #


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