Regional rice growers face growing risks of price volatility, floods, soft demand


Although Cambodia is not a major player in the global market, its famed premium fragrant jasmine rice is popular internationally. — YAP CHEE HONG/The Star

PHNOM PENH: The severe flooding in South-East Asia, coupled with weak demand and oversupply in the global market, may disrupt rice production and consequently affect prices and farmers' incomes this year.

Regional rice growers will face multiple challenges after major rice importers, the Philippines and Indonesia, halted rice procurement to protect their local industries.

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Cambodia , Thailand , Vietnam , India , rice , floods

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