Tuesday, 1 March 2011
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Indonesia, Asean Move to Ease Rice Supply Fears
Indonesia will need no more rice imports for six months, and big buyer the Philippines may need just a third as much as what it required last year from global markets, helping to keep supplies of Asia's main staple ample.Plentiful supply has capped rice prices even as some Asian buyers boosted purchases amid concern about food security as other grain prices raced to multi-year highs.High prices
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