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Russia Seen Shipping Rice at Record Pace on Central Asia Cargoes

Jan. 31 (Bloomberg) -- Russia exported rice at a record pace this season and is poised to become a “significant” regional shipper of the grain, according to the Institute for Agricultural Market Studies.

Russia shipped 210,000 metric tons of rice in the first four months of the season that started Sept. 1, said Dmitry Rylko, general director of the Moscow-based researcher, which is also known as Ikar. The previous highest figure for the period was in 2010-11, when the country shipped 124,000 tons, a presentation he gave to an agricultural conference in the Russian capital showed.

Libya and Turkey took raw rice, while milled grain was shipped mostly to Central Asian states including Turkmenistan, Tajikistan, and Kyrgyzstan, according to the presentation.

Russia harvested 1.05 million tons of rice in 2012, about the same as in 2011, according to state statistics data.

To contact the reporter on this story: Marina Sysoyeva in Moscow at msysoyeva@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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