Smuggling blamed as rice exports drop 3pct

[geovalin]

Cheng Sokhorng

 

Cambodia’s rice exports declined in the first quarter of the year, down 3 percent compared to the first three months of last year, a slide that rice exporters and industry representatives blamed on smuggling operations operating with impunity.

 

According to Agriculture Ministry data released yesterday, Cambodia exported 161,115 tonnes of rice in the first quarter of this year, down from 166,678 tonnes last year.

 

read more https://www.phnompenhpost.com/business/smuggling-blamed-rice-exports-drop-3pct

 

 

-- © Copyright Phenom Pen Post 07/04

[Elkski]

Can't wait a week to be paid?   

Why is smuggling bad?   Isnt it exporting? Cutting out middle men sounds like a good idea.  

 

[Trouble]

Assuming this is true, that must mean stockpiles will increase as there seems to be no measure of farm production in relation to this bit of information.  Guess the price of rice will fall as well.