date:Aug 07, 2012
ic People's Republic of Korea, the Republic of Korea and Nepal, all of which may see a production drop in 2012.
In sharp contrast with trends observed in the maize and wheat markets, rice prices have remained surprisingly stable after gaining 2 per cent in May. Amid abundant rice supplies and stocks, the likelihood of a strong price rebound in coming months is minimal, but the future direction of rice prices remains uncertain.
Production gains
Some countries are expected to register production