2ND MIDDLE EAST – AFRICA – ASIA RICE SUMMIT 2010 Trade dynamics & market outlook

Date:2010/6/17

1.   Singapore, 15 June 2010 – Dubai will host the 2nd Middle East – Africa – Asia Rice Summit on 20th and 21st June 2010 at the JW Marriot Hotel.

2.   This Summit organized by Singapore-based company, Magenta Global and supported by Thai Rice Exporters Association, Federation of Cambodian Rice Millers Associations and Agricultural and Food Marketing Association for Asia and the Pacific (AFMA) will be attended by representatives from some 16 countries representing the leading rice producers, traders & importers, food authorities & agricultural representatives, millers, commodity finance institutions, post harvest equipment suppliers & quality surveyors supporting the rice trade. 

3.   Discussions will be on trends & opportunities impacting on the global rice trade, price drivers and production forecast & the future of rice.  Key features of the rice trade & drivers of 2010 and beyond will be deliberated upon.

4.   Taking the spotlight will be discussion on market outlook in Vietnam, Pakistan, India, Cambodia, Myanmar, East & Southern Africa, US and Argentina. 

5.   Singapore-based public listed enterprise, Olam International is one of the Sponsor of the Summit.  Olam is one of the top three global rice players with more than 20 years of experience in the supply chain management of agricultural products and food ingredient.

6.   Korea-based, largest rice milling machine manufacturer, Daewon G.S.I, is another sponsor of the Summit. Technology is a vital part of the rice business.

7.   Dubai welcomes the trade to use Dubai as the trading hub for the distribution & re-export of rice.

### The Event: 2ND MIDDLE EAST – AFRICA – ASIA RICE SUMMIT 2010

Media Contacts:

Contact: Mr. Daniel Radziszweski
Senior Conference Producer  
Tel: +65 6391 2550
Cell Phone: +65-9649 1062
Email: daniel.radziszewski@magenta-global.com.sg

Contact: Mr. Lance Sum
Marketing Manager   
Tel: +65 6391 2530
Cell Phone: +65-9105 6031
Email: lance@magenta-global.com.sg

About Magenta Global Pte Ltd – Organizer

Magenta Global is a premier independent business media company that provides pragmatic and relevant information to government & business executives and professionals worldwide. The organization provides the opportunity to share thought-provoking insights, exchange ideas on the latest industry trends and technological developments with thought leaders and business peers. With a strong focus in emerging economies especially in Africa, Middle East & Central Asia, Magenta Global works in partnership with both the public & private sectors.

Website: http://www.magenta-global.com.sg

About Olam International – Associate Sponsor

Olam International is a Singapore-based enterprise in the supply chain management of agricultural products and food ingredients, sourcing 20 products with a direct presence in over 60 countries and supplying them to over 10,000 customers in more than 55 destination markets. Olam International trades agricultural commodities such as cocoa, coffee, cashew, sesame, rice and teak. Headquartered in Singapore, it went public in February, 2005 and ranks among the top 40 largest listed companies in Singapore in terms of market capitalization.

Website: http://www.olamonline.com/home/home.asp

About Daewon G.S.I – Associate Sponsor

Daewon G.S.I, the biggest rice milling machine in Korea, started their business in 1970 and is now located in Waegwan-up, Chilgok-gun, Kyungbuk R.O Korea. Authorized as a first-class company in grain-processing by the government, Daewon G.S.I was paid world markets attention on their unique technology of grain sorting. Their representative machine is their color sorter which sorts a wide variety of grain, beans, tea pulses and nut as well as non-food products such as plastic by using the highest CCD camera. Daewon G.S.I is recognized as Korea representative machine from Kotra. (Korea trade investment promotion agency)

Website: http://www.daewon.com/eng/main/main.php