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Asia's rice exporters trigger a price war

Thailand likely to lose further ground in global market to India and Vietnam

A Thai farmer carries rice stems in Nakohn Ratchasima, 200 km northeast of Bangkok. Thailand was the world's biggest rice exporter for decades but is now suffering from falling output and deteriorating quality.   © Reuters

BANGKOK/NEW DELHI -- Asia is experiencing a rice export race as major producers like India and Vietnam step up efforts to boost overseas sales in support of farmers, some of whom are being encouraged to ramp up production.

But the competition could further depress global prices, leaving even the winners bruised.

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