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Cambodia hopes to accelerate niche organic rice export market.
Larry S. Karp and Jeffrey M. Perloff, "Dynamic Oligopoly in the Rice Export Market," Review of Economics and Statistics, 71(3), August 1989: 462-70.
But India also introduced a rice export ban in 2007 when it still had a sizable surplus, helping to double the world price.
The continued tightness of the global food markets and the upward pressure on food prices are shifting the policy focus away from short-term measures, such as the rice export ban implemented in 2008, towards long-term productivity improvement strategies.
This is especially the case for Asian rice export markets.
One would therefore expect the prices of different rice export markets to be unrelated.
Similar(19)
The country has been the world's leading rice exporter since 1983, according to the United States Department of Agriculture, and rice exports amounted to more than $6 billion last year.
This is disastrous to exporters, and India and Vietnam may surpass Thailand in rice exports this year.
India and Vietnam increased their share of global rice exports as a result, overtaking Thailand as the world's largest rice exporter.
India and Thailand are the world's leading exporters of rice, with the U.S. ranking third, according to the 2016 rice exports.
Many countries around the world depend on these rice exports.
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