Record high global food prices have raised concerns over supplies of agricultural commodities across the world, with importers embarking upon a slew of measures, including stockpiling of grains and cutting tariffs to cool down red-hot prices. Food prices hit a record high in February, the United Nations said on Thursday, warning that further oil price spikes and stockpiling by importers keen to head off unrest would hit already volatile cereal markets. The table shows the latest changes in import duties on agricultural commodities in Asia.
Asia cuts import tariffs
Record high global food prices have raised concerns over supplies of agricultural commodities across the world, with importers embarking upon a slew of measures.
This article was first uploaded on March five, twenty eleven, at forty-two minutes past eleven in the night.