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Saturday, March 29, 2008

India rice export prices up again - BBC NEWS  

No wonder the rice price is getting higher and higher. It seems that all the big producer are increasing rice prices.

It was such a good ole memory when my country was the largest rice producer in south east Asia, maybe even the whole Asia. But now, we barely have enough for ourself.


India rice export prices up again
By Ethirajan Anbarasan
BBC News



India has raised the minimum price at which it exports non-basmati rice in a renewed effort to discourage exports and control domestic food costs.

This is the second time in a month that India has raised its minimum price for exporting rice.

The price has gone up from $650 to $1,000 per tonne for non-basmati rice.


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