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Publication | 16 June 2021

Timor-Leste: Market Monitoring Report - 24 May-6 June 2021

Global Food and Nutrition Security
  • Local rice prices have followed a downward trend since March 2021, decreasing by almost 8 percent. It is envisaged that the price will continue to weaken or remain steady in the coming weeks as market supply is substantially higher at this time of the year.
  • Price of imported rice continue to ease, likely reflecting the current slowdown of rice prices on the international market.
  • Other foods such are cassava, bananas, and sweet potatoes are also on the market, further increasing the variety of staple foods available and helping to suppress overall commodity prices.