Global Rice Trade: Viet Rice Sellers Lower Their Quotes; Thai, Indian, Pak Indications on Hold

Viet Rice Sellers Lower Their Quotes; Thai, Indian, Pak Indications on Hold

Price matters?

Not price war..?

Rice Trade Facts

1.Global rice exports are highly concentrated where the top five exporters (Thailand, India, Viet Nam, Pakistan, and the United States, in that order) control 87% of global net trade.

2.The five top importers of rice are responsible for about 30% of the total global trade, and the top ten are responsible around 50% of total rice imports worldwide. Many of the major players, including the most recent top importer, China, are located in Asia, which is the continent most responsible for shifts in the world’s rice market. Other significant rice-importing countries include Nigeria, the Philippines, Iran, and Indonesia.

Friday, February 10, 2012

Viet Rice Sellers Lower Their Quotes; Thai, Indian, Pak Indications on Hold

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