Logo of Phnom Penh Post newspaper Phnom Penh Post - China a market for fragrant rice

China a market for fragrant rice

Content image - Phnom Penh Post
The price of Cambodian fragrant rice exported to the Chinese market currently stands at between $920 and $930 per tonne, compared with $1,150 and $1,200 per tonne for Thai fragrant rice. Post pix

China a market for fragrant rice

Cambodia is campaigning to boost its luxury fragrant rice exports to China, the world’s largest market, said Cambodia Rice Federation (CRF) vice-president Chan Sokheang on Thursday.

Sokheang told The Post on Thursday that the CRF plans to achieve the quota that China provided Cambodia – 400,000 tonnes of rice per annum.

The CRF has committed to exporting one million tonnes of rice globally by 2022, with 35 per cent to the Chinese market, of which 30 per cent is luxury fragrant rice, 40 per cent regular fragrant rice and 30 per cent regular rice.

Sokheang said the federation’s campaign aims to boost fragrant rice exports to China and make up for a decline in exports to Europe.

The CRF has taken measures such as meeting with Chinese authorities and distributors, as well as attending events in China to promote the Kingdom’s fragrant rice, he said.

“Exports of fragrant rice to China are on the rise, with Cambodian fragrant rice being recognised as the world’s best and has been ranked at number one for four years in a row.”

Despite the vast demand for rice in China, he said, the Kingdom’s exports account for only five per cent of market share.

“This is a huge opportunity for Cambodian fragrant rice. The price of our fragrant rice is also fair compared to Thailand’s.”

The price of Cambodian fragrant rice exported to the Chinese market currently stands at between $920 and $930 per tonne, compared with $1,150 and $1,200 per tonne for Thai fragrant rice.

In the first nine months of this year, Cambodia exported 398,586 tonnes of rice, up 2.3 per cent from the same period last year.

Sokheang projects that rice exports to international markets will grow by about eight per cent compared to last year.

MOST VIEWED

  • Cambodia unveils new quarantine regulations

    The government has modified Covid-19 quarantine requirements, shortening the duration for, among others, Cambodian officials, foreign diplomats and delegations, investors and inbound travellers in general. According to an official notice signed by Minister of Health Mam Bun Heng late on October 16, quarantine length for Cambodian

  • Cambodia sets new Covid-19 quarantine rules

    The government has modified Covid-19 quarantine requirements, shortening the duration for, among others, Cambodian officials, foreign diplomats and delegations, investors and inbound travellers in general. According to an official notice signed by Minister of Health Mam Bun Heng late on October 16, quarantine length for Cambodian

  • Hun Sen: Cambodia set to fully reopen

    Prime Minister Hun Sen concludes that the October 5-7 Pchum Ben public holiday, during which many people either flocked to their hometowns for family reunion or gathered at tourist attractions across the country, has not caused an outbreak of Covid-19. In a special address to

  • Will Evergrande change the way Chinese developers do business in Cambodia?

    China’s property sector policy has exposed the grim financial condition of real estate developers including those operating in Cambodia, which raises questions over the viability of their projects and business going forward The dark blue netting draping over one of Yuetai Group Co Ltd’

  • Cambodia resumes issuance of tourist visas

    The Ministry of Foreign Affairs and International Cooperation has announced the resumption of its tourist visa and visa exemption programme after a long hiatus due to the Covid-19 pandemic. In a letter dated October 20 and addressed to foreign embassies and consulates, foreign minister Prak Sokhonn

  • Cambodia voted ‘world’s friendliest country’ in Rough Guides reader poll

    Cambodia ranked number one among the “World’s Friendliest Countries”, according to a reader poll conducted by London-based international website “Rough Guides”. Taking submissions through Twitter and Facebook, “Rough Guides”, a well-known travel agency and publisher of guidebooks, said the Kingdom “was by far the