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ASEAN to contribute to firm global rice prices

Posted on 31 August 2012

ASEAN countries are expected to present a steady rice production pattern and this will result in firm global rice prices, stated Asian Development Bank (ADB) in its news release on Thursday in Thailand.
The bank added that ASEAN rice producers will play a key role in the stability of the international rice market by meeting growing demand. Also current production estimates by ADB suggest that overall prices will remain stable and rising output in ASEAN countries would help stabilise prices in international market………………………………………..Full Article: Source


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