Medan, July 16 -- Indonesia aims to seize rice export opportunities by riding on rising global prices, surplus production, and domestic market stability, according to Agriculture Minister Andi Amran Sulaiman.

"Indonesia will take advantage of surging global prices. Indonesia will certainly take that path because some countries are requesting imports. Negotiations are underway," he remarked in Medan, North Sumatra, on Thursday.

Data from Trading Economics showed that the world rice price stood at US$13.75 per metric quintal as of July 15, up from US$12.48 recorded on June 23.

Sulaiman emphasized the importance of Indonesia capitalizing on the global trend while leveraging strong national stocks and output, reflected in 5.3 million metri...