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Early in April,the FOB (Free on Board) value of rice exported from Bang- kok,Thailand,the biggest rice exporter of the world,surged to a new high of USS730 per ton,representing an increase of 70 per- cent in recent years,and setting a new re- cord over the past 34 years of Thailand rice exports.As a result,the average price of rice in the global market has increased by 25 percent.In order to ease the grain short- age,rice exporters have begun to search for solutions.In the Philippines,which is the biggest rice importer of the world,restrain- ing grain sales have been prohibited by the government and other measures,such as the purchase of overseas grain to fill re- serves,have also been taken.
Early in April, the FOB (Free on Board) value of rice exported from Bang-kok, Thailand, the biggest rice exporter of the world, surged to a new high of USS 730 per ton, representing an increase of 70 per cent in recent years, and setting a new re- cord over the past 34 years of Thailand rice exports. As a result, the average price of rice in the global market has increased by 25 percent.In order to ease the grain short- age, rice exporters have begun to search for solutions.In the Philippines, which is the biggest rice importer of the world, restrain- grain sales have been prohibited by the government and other measures, such as the purchase of overseas grain to fill re- serves, have also been taken