Thailand, Myanmar, Laos, Vietnam and Cambodia create a community of rice exporters
Thailand, Myanmar, Laos, Vietnam and Cambodia create a community of Rice exporters Organising of Rice Exporting Countries - OREK, according to the International Oil Cartel. The creation of a new cartel is caused by the rapid increase in rice prices due to the rise in price of fuel, drought and increase in world demand. Now prices are about $ 1,000 per ton, while a year ago they did not exceed 500, reports AFP. Thailand is the largest exporter of rice in the world.