Rice
Solid Results
The Rice Platform once again delivered solid results that consolidate LDC’s position as leading global private rice trader.
Strong Relationships
A stable team maintained strong, long-term relationships with key clients and suppliers, to remain in the lead in the physical trading of rice.
Navigating Challenges
In the context of volatile freight and rice markets, supply chain bottlenecks and India’s introduction of export restrictions, we leveraged our extensive experience of ground logistics and expert market knowledge to optimize operations and deliver for customers.
Guy de Montulé
Head of Rice
“This year we continued to consolidated LDC’s leading position by adding new destinations to our portfolio and meeting our clients’ needs, despite adverse market conditions.”
More Rice Highlights
Served new markets in the Middle East, substantially increasing sales in the region.
Operated the world’s first rice vessel to discharge in Cameroon’s new Kribi Deep Seaport, opening up trade flows to inland central African markets.
Operational improvements contributed to increased rice vessel discharging speed by over 8%, while prioritizing safety measures and protocols.
More than doubled year-on-year rice volumes originated from Thailand.
Logged record annual levels of rice volumes shipped to our various destinations.
Top 3
private rice trader in the world
100%+
increase in rice volumes originated from Thailand
Top 3
buyer in all key Asian exporting countries
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Risk Management
Our market insight and risk management expertise helped LDC navigate an uncertain environment and secure financial results.
Industrial Excellence
LDC’s commitment to industrial excellence is fundamental to our future success and ensures that we deliver safely, reliably and responsibly for customers around the world.
South & Southeast Asia
Strong contributions from our platforms in the region, and significant expansion of our grains origination network.