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Key points

  • Significant price increases have been seen across most commodities in the first half of 2011
  • The retail price of imported rice is 39% higher than a year earlier, while the price of local rice is 49% higher
  • Cassava prices have increased 15% in the past year but remain below peak levels seen in 2009
  • Palm oil prices have moderated in the first half of 2011
  • Rising world prices and informal cross-border trade are likely contributors to the recent price increases
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