India remains top rice exporter to Dubai

India remained the largest rice exporter to Dubai, supplying the emirate with more than Dhone billion worth of rice in the first five months of 2011, nearly 66 per cent of Dubai’s total rice imports, official figures have shown. Iran maintained its position as the top market for Dubai’s re-exports, including rice, while the United [...]

EXPORTERS CRY FOR HELP AS LOCAL COFFEE PRICE SOARS

HCM CITY — The domestic prices of robusta coffee beans have been higher than the closing price at the London terminal market, causing huge losses to local exporters who are suffering a shortage of coffee. Last Thursday and Friday, in interviews on Viet Nam Television’s VTV1 Channel, local traders blamed international speculators for their losses [...]

Sugar futures jump on – another – Brazil downgrade

Sugar prices jumped 5% after Kingsman joined analysis groups cutting forecasts for Brazil’s sugar output, blaming the age of the cane following two years of low replanting rates. The influential consultancy cut by 35m tonnes to 525m tonnes its forecast for cane output in Brazil’s Center South region – the top producing area in the [...]