EU warns Thailand over gene-altered rice exports The European Union has warned Thai rice exporters that their consignments run the risk of being rejected should any genetically modified organisms be found in them. Pakistan crisis may see more rice exports from India Sri Lanka and Bangladesh could look to India for buying rice as shipments from Pakistan are likely to be affected following a military coup there, exporters claim. Tea exports to Russia likely to go down by 15%, says board official Russian imports of Indian tea are likely to drop this year by 10 to 15% between 80,000 and 90,000 tonnes from 1,03,000 in 1998, according to the head of India's Tea Board in Moscow TK Chakraborty. Global rubber body dissolved as Thailand remains unmoved Asian oil prices surge higher as US crude stocks decline London gold holds mid-range in early trading New Zealand, Australia could set pace for genetical food-labelling Briefing RIL hikes yarn price again; edible oils further down
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