Comments by "ricardo kowalski" (@ricardokowalski1579) on "The Great Asian Rice Crisis of 2008" video.

  1. What has to be understood is that the amount of rice traded is minuscule compared to what is harvested and consumed locally Top rice producers in million of tons China 149 India 129 Bangladesh 35 Indonesia 34 Vietnam 27 Thailand 20 Top three rice exporting countries in millions of tons India 21 Thailand 8 Vietnam 7 So prices move sharply, not because of large scale crop failings, but because it is a very tight international market.
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  2.  @jont2576  low value commodity, low barrier to entry Hard to compete on a race to the bottom on price. 😁
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  3.  @Zahrul3  - Good point. I miss the black(purple?) sweet sticky rice with coconut SOOOO MUCH.
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