Asian rice exporters are poised to boost sales to China if further testing finds cadmium contamination of Chinese rice continues as a problem, analysts and traders said.
“Unlike costlier meat products, where contamination and disease can drag down consumption, in the case of staple crops like rice, generally such problems can lead to more imports,” said Concepcion Calpe, head of the intergovernmental group on rice at the Rome-based United Nations Food and Agriculture Organization.
The situation represents an opportunity especially for Vietnam and Thailand, the world’s second- and third-largest exporters of the grain. Pakistan may benefit as well, analysts said, while India, the world’s largest rice exporter, isn’t likely in a position to boost sales significantly because China limits purchases from there due to quality concerns.
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Sameer C. Mohindru and Zhoudong Shangguan, Wall Street Journal via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/ysb862qeqIk/
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