05-06-2008, 06:56 AM
<b>Asian states feel rice pinch </b>
Factors contributing to the price rise include:
-Poor harvests resulting from extreme weather
-A rise in demand in some rice-importing countries, where populations and incomes are growing
-The expectation of further price increases - resulting in hoarding
-Low stockpiles and a long term lack of agricultural investment
<img src='http://newsimg.bbc.co.uk/media/images/44540000/gif/_44540176_rice_price_gr226.gif' border='0' alt='user posted image' />
<img src='http://newsimg.bbc.co.uk/media/images/44531000/gif/_44531208_rice_aid_gr226.gif' border='0' alt='user posted image' />
<img src='http://newsimg.bbc.co.uk/media/images/44537000/gif/_44537486_rice_production_gr466.gif' border='0' alt='user posted image' />
Factors contributing to the price rise include:
-Poor harvests resulting from extreme weather
-A rise in demand in some rice-importing countries, where populations and incomes are growing
-The expectation of further price increases - resulting in hoarding
-Low stockpiles and a long term lack of agricultural investment
<img src='http://newsimg.bbc.co.uk/media/images/44540000/gif/_44540176_rice_price_gr226.gif' border='0' alt='user posted image' />
<img src='http://newsimg.bbc.co.uk/media/images/44531000/gif/_44531208_rice_aid_gr226.gif' border='0' alt='user posted image' />
<img src='http://newsimg.bbc.co.uk/media/images/44537000/gif/_44537486_rice_production_gr466.gif' border='0' alt='user posted image' />