# ARDB loans set for rice sector - Phnom Penh Post

> Cambodia's state-owned Agricultural and Rural Development Bank has reserved working-capital loan packages for rice millers and exporters to buy paddy during the harvest. The move responds to paddy prices in provinces bordering Vietnam falling from 900 riel per kg in late May to 650 riel.

- Date: 2021-08-02 · published 2021-08-02T12:00:00.000Z
- Category: policy · region Cambodia · magnitude low
- Page: https://feedsoft.ai/events/45631-ardb-loans-set-for-rice-sector-phnom-penh-post
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Government credit support for paddy buying may firm local prices for Cambodian farmers, though its effect on world rice prices is small given Cambodia's limited export share.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-01-21 | [Bracing for effects of impending rice imports \| Philstar.com](https://feedsoft.ai/events/61172-bracing-for-effects-of-impending-rice-imports-philstar-com.md) | +0.9% | -7.2% |
| RICE | 2018-08-28 | [High rice prices a win for farmers – Piñol](https://feedsoft.ai/events/63601-high-rice-prices-a-win-for-farmers-pinol.md) | +3.2% | -6.0% |
| RICE | 2018-07-11 | [Centre raises buying price, rice exports set to fall from October](https://feedsoft.ai/events/63990-centre-raises-buying-price-rice-exports-set-to-fall-from-october.md) | +1.7% | -7.6% |
| RICE | 2023-05-24 | [Export of broken rice allowed to meet food security needs subject to govt permission](https://feedsoft.ai/events/35898-export-of-broken-rice-allowed-to-meet-food-security-needs-subject-to-govt.md) | +3.6% | +5.5% |
| RICE | 2024-05-07 | [INDIA ELECTIONS: Restrictive steps for wheat, rice exports may persist amid sticky inflation \| S&P Global](https://feedsoft.ai/events/30206-india-elections-restrictive-steps-for-wheat-rice-exports-may-persist-amid.md) | +1.6% | -4.5% |

## Sources

- phnompenhpost.com: https://phnompenhpost.com/business/ardb-loans-set-rice-sector/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.