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

  • CDRI poll: Most happy but disappointments still exist

    A survey has found that over 70 per cent of Cambodian youths and adults approve of the direction the country is headed in, with the majority of respondents saying they had been doing better financially over the past five years. However, more than half said they

  • Drugs raid on Miami Night Club, 50 held

    Anti-drugs police raided a club in Chamkarmon district’s Boeung Keng Kang I commune in Phnom Penh early on Thursday, arresting some 50 people and confiscating drug-producing equipment and suspected illegal substances. Deputy National Police chief Mok Chito said on Thursday that police conducted the raid

  • Phnom Penh: The street food you adore, but given a refined twist

    There is no shortage of street food vendors scattered across Phnom Penh, but what is far rarer is finding a place that also has comfortable seating, good hygiene and parking. This is where Jing Ling and her five friends step in. With the concept of

  • Battambang court releases minor who shot boy

    The Battambang provincial court on Thursday released a 14-year-old boy who had been detained for accidentally firing a home-made gun and killing a nine-year-old boy in Samlot district on Tuesday, provincial court spokesman Tieng Sambor said. Sambor told The Post on Thursday that following the