The price of Cambodian rice abroad has been on the rise since the beginning of February due to lower supply and higher demand from China and the European Union, according to a representative of a local rice export company. Hun Lak, vice president of the Cambodia Rice Federation, said Cambodian milled rice now sells for $480 per ton, compared to $450 three weeks ago. The price for fragrant rice has reached $755 per ton from $735 earlier three weeks ago, he added. He attributed the price hike to rising demand for the product in the EU and China. (Source: Khmer Times)