Paddy| Indonesia plans to import up to 1.5 million tonnes

September 30, 2015 11:12 AM | Skymet Weather Team

Indonesia plans to import up to 1.5 million tonnes of rice from Thailand and Vietnam next month to avert a price spike, as a prolonged drought linked to the El Nino weather pattern threatens this year's crop. The decision follows a similar move by the Philippines and will potentially support Asian rice prices, according to the analysts.

OTHER LATEST STORIES