Thesis
As reported in my previous article, decreased global inventories were poised to push the rice prices higher. A 10-year analysis of the global consumption levels from 2009 to 2010 indicated that the global deficit at the period was 25.3 million metric tonnes. Falling demand from prime countries such as India and China was also a key factor in the likelihood of low prices getting into 2020. However, despite the increase in production of off-season rice, the high global competition, decreased exports from emerging powerhouses and unfavorable climate will further raise the price of