A Change of Guard

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Friday 4 December 2009

Price of Cambodian rice increased after exports to Europe

By Khmerization

Prices of Cambodian rice went up after Cambodian Millers Association began exporting Cambodian rice to Europe, reports Radio Free Asia.

Mr. Soy Sopheap, representative of the Golden Rice Association, said high grade Cambodian rice such as Malis rice, Neang Minh and Rumduol rice, currently sell at $320 per ton can be fetched at $500 per ton in the coming months after these rice are exported to Europe.

Every year, Cambodia produced about 7 million tons of rice and exported about 1 million tons of rice to overseas, mainly to Vietnam and Thailand.

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