Cambodia sees 37 percent surge in rice export

[geovalin]

Cambodia exported 369,105 tonnes of milled rice in the first nine months of 2015 -- a 37 percent rise over the same period last year, according to a report on Wednesday.

Three top buyers of Cambodian rice are China, France and Poland, Xinhua news agency reported citing the Secretariat of One Window Service for Rice Export.

From January to September this year, the Southeast Asian nation sold 78,182 tonnes of rice to China, 50,266 tonnes to France and 41,022 tonnes to Poland, it said.

Secretariat director Hean Vanhorn said types of exported rice included fragrant rice, white long grain, and parboiled long grain.

"About 64 percent of the rice was sold to Europe, 21 percent to China, 11 percent to ASEAN countries, and the rest to other countries," he said.

In 2014, Cambodia exported some 370,000 tonnes of milled rice, earning a gross revenue of $247 million, according to the ministry of Commerce.

The country launched a rice promotion strategy in 2010, setting a goal of exporting one million tonnes of milled rice by 2015.

However, Commerce Minister Sun Chanthol said early this year that it was unlikely to achieve the self-imposed target due to a lack of milling capacity and funding.

source: http://www.business-standard.com/article/news-ians/cambodia-sees-37-percent-surge-in-rice-export-115093000523_1.html

[geovalin]

Cambodian Rice Millers Begin Cracking US Market

Khmer Times/May Kunmakara

PHNOM PENH (Khmer Times) – Domestic rice millers are preparing to compete against their Thai rivals for a share of the US market as the European Union market becomes increasingly competitive, they say.

The move, which will see the Kingdom’s premium rice competing with Thai jasmine rice, which dominates rice imports by the US, is part of an overall strategy to diversify export markets, rice exporters say.

Song Saran, president of Amru Rice (Cambodia), a leading milled rice exporter, told Khmer Times that exports to the EU and other markets were not increasing fast enough due to intense competition and the fact that these markets are not growing.

read more: http://www.khmertimeskh.com/news/16340/cambodian-rice-millers-begin-cracking-us-market/