While the food price become more expensive all over the world, "rice price surges above $1,000-a-tonne level for the first time - up 47% since March,"-says News International.
Because the rice price goes up so rapidly, Organisation of Rice Exporting Countries, (ОРЕК) will be created soon. This organization will include such countries as Thailand, Vietnam, Combodia, Laos- the major exports of rice.
The major reasons of high price for rice are mostly caused by high fuel prices, drought, and high demand. Thailand is the biggest supplier of rice in the world. It imports more than 9.5 millions of tons enually. Because of high price problems, some countries such as Uzbekistan will prohibit the import of rice.
Reference: http://lenta.ru/news/2008/04/30/orec/
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