Costs thwart potential exports

Following Cambodia’s loss of a hefty Filipino rice tender to Vietnam last week, industry insiders say logistics and production costs are hampering the competitiveness of the Kingdom’s rice exports. Cambodia lost a 100,000-tonne tender for the fourth time running after its final price of $455.50 per tonne came in way higher than the Vietnamese company’s final $416.85 per tonne deal, itself only marginally lower than Thailand’s $417. The higher prices begin at the local level, said Khan Kunthy, head of BRICO, a rice miller established in 2013. …

Charles Rollet
http://www.phnompenhpost.com/business/costs-thwart-potential-exports