N.Korea Buys Record Amounts of Rice from China

  • By Cho Yi-jun

    November 04, 2016 12:17

    North Korea imported record amounts of rice from China in September, apparently to stabilize prices amid rapid hikes, Voice of America reported on Thursday.

    The North imported 16,000 tons of rice worth US$9.9 million, from China in September, VOA reported quoting analysis of customs data by Kwon Tae-jin of the GS&J Institute in Seoul.

    Over the whole first eight months the North imported only 14,000 tons of rice. The North's imports of wheat flour increased 15 times and its imports of starch more than doubled on-month in September.

    Meanwhile, the North also imported 772 tons of fertilizer from China in September, up 73 percent on-year.

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