Cambodia Will Export More Milled Rice to Chinese

Cambodia is expected to increase rice export not only in quantity but also in price, as importer will search elsewhere for more competitive supplies. In Phnom Penh this week in particular, Chinese agricultural company Sino Grain was researching the possibility of importing Cambodian milled rice. Although the exact amount of import was on consideration, it could also be expected the demand is high, since the company’s director general Xu Ge Fei said that Guangdong requires 1 million tons of milled rice per month. Last month moreover, Cambodia’s SOMA Group signed a cooperative MoU with China’s Yunnan Provincial Overseas Investment to build a rice-processing mill facility in Cambodia. Therefore, more Cambodian milled rice is expected to directly export to China, and the growth will be significant.