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MAHAJANGA: The kapoaka of the rice reaches 1000 ariary in Mahajanga, according to the deputy Lalao Rahantanirina. 8/feb/17
Remember the measurement of 3.5 kapoaka equals one Kilo.
Also I am trying to buy a bag of rice from Marovay which is a leading rice growing section of Madagascar and I am unable to find any excellent rice at this time. Rice that has no sand and small stones and has a perfume quality. Usually rice can be bought from 275,000 to 350,000 FMG for a bag of rice with various counts of Kapoakas ( about 100 to 120 lbs) . Now the price of a bag of rice is nearing 800,000 fmg and that good rice is hard to find.
What is insidious is that the best rice is shipped overseas and the locals have to suffer with poor quality local rice that is stocked up for a year or more and waiting for the lean season of no rice to charge greedy profits. Or buy Pakistan rice of low quality and for a medium price but the difference in profit margin I do not know.
Where do you buy your rice and how much?
I was asked several times to venture into the rice market, but could not find myself in the position of selling one year old rice at a high profit margin in a poor country where rice is the staple diet and more people eat rice per capita than any other African country.