Logo of Phnom Penh Post newspaper Phnom Penh Post - Rice exports to Thailand rise

Rice exports to Thailand rise

Rice exports to Thailand rise

Exports of Cambodian unpolished rice to Thailand are increasing, and the trend is promising if the Thai government continues its intervention policy to guarantee the minimum paddy price for their farmers, industry insiders said.

Reuters reported recently that Thailand’s government has pledged to renew its rice buying scheme, which started in October 2011.

Lim Bunheng, president and CEO of rice miller Loran Group, said he had seen increasing exports of milled rice from Cambodia to Thailand, mostly in a semi-final state. He said it is not polished or packaged but packed into bags that go to Thailand for the finishing process.

“Some Thai traders have increased their buying of Cambodia unpolished rice and do further processing in their country,” said Lim Bunheng, “They might find our milled rice price more competitive because rice millers here can buy paddy at lower prices.”

Government figures show that in the first four months of this year, Cambodian milled rice exports to Thailand reached 14,250 tonnes, while total Cambodian overseas exports was 118,504 tonnes.

During that period, Lim Bunheng said, the Thai rice mortgage program will not influence Cambodia’s rice industry, but exports to Thailand would increase as Cambodian milled rice could see more demand from Thai traders.

Cambodian commerce minister Cham Prasidh said yesterday that it is not going to change Cambodia’s rice industry. However, “when the price in Thailand increases, it makes prices on international markets increase as well”, he said. “Cambodian farmers will benefit from this increase.”

MOST VIEWED

  • Angkor Wat named as the top landmark for the second year

    Travel website TripAdvisor has named Cambodia’s ancient wonder Angkor Wat as the top landmark in the world for the second year running in their Travelers’ Choice Award 2018, an achievement Cambodian tourism operators expect will attract more tourists to the Kingdom. The website uses traveller

  • New US bill ‘is a violation of Cambodian independence’

    After a US congressmen introduced bipartisan legislation that will enact sanctions on Cambodian officials responsible for “undermining democracy” in the Kingdom, government officials and the ruling Cambodian People’s Party on Sunday said they regarded the potential action as the “violation of independence and sovereignty

  • Hun Sen detractors ‘will die’

    Prime Minister Hun Sen on Wednesday said those who curse or insult him would eventually die without a plot of land to bury their bodies after being killed by lightning, suffering the same fate as those who recently died in Thmar Baing district in Koh

  • NOCC to contest petanque, tennis axe

    The National Olympic Committee of Cambodia will lobby hard over the next few weeks for the inclusion of the Kingdom’s most productive medal-earning sport, petanque, along with vovinam and tennis after the disciplines were left out of the initial list of 30 preferred sports for