Daily Archives: October 12, 2012

Asia Rice-buying demand thin, prices to ease on high stocks

Source: Reuters26/09/2012 – Thailand’s rice market lacked fresh demand over the past week to help boost prices as buyers stayed on the sidelines awaiting clarity on government intervention and prices were expected to soften next month when the new harvest comes in, traders said.

Vietnam – Vietnam could become world’s biggest rice exporter

Source: Voice of America26/09/2012 – This year, Vietnam may surpass Thailand as the world’s biggest rice exporter.  For the long-term, the country is increasing its rice quality and plans to tap into the China market.