Publication
May 2008
The world rice market is in crisis, with export prices soaring to $1,100 per ton in April, from $375 per ton in December. If action is not taken, prices may double again, returning them to stratospheric real levels last seen during the crisis in 1973/74. The loss of riceproduction in Myanmar due to Cyclone Nargis complicates the task of stabilizing the world rice market.
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English (PDF, 6 pages, 46 KB) |
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Author | Tom Slayton, C Peter Timmer |
Series | CGD Notes |
Publisher | Center for Global Development (CGD) |
Copyright | Creative Commons - Attribution-Noncommercial-No Derivative Works 2.5 Generic |