Export price of rice to China on the decline unlike stable domestic rice price

The price of rice exported to China through the Muse trade channel has been on the decline, unlike the domestic rice price, which remains stable  said U Kyaw Min, the secretary of Mandalay Rice Depot. Rice is exported to China mostly through the Muse and Lweje border trade camps, but the rice trade is declining […]

Criticism dogs Myanmar Rice Federation’s China choices

The Myanmar Rice Federation’s choice of companies that will be registered for legal exports to China is receiving criticism from small-scale players as well as large businesses. Some of the country’s largest exporters were left off last month’s list of nine companies that would be permitted to handle the rice trade, while several of the […]

Myanmar to Pour Rice into China Slowly

The Myanmar Rice Federation (MRF) and China’s state-run agri business company COFCO Ltd signed a memorandum of understanding to export up to 100,000 tonnes of rice to China in accordance with market prices at the time of shipment, said an official from MRF. The agreement aims to prevent losses from both sides, as Myanmar cannot […]

Myanmar discusses lifting duty on rice exports to China

Myanmar is negotiating with Chinese officials to lift duty taxes on agricultural exports, including rice, bean, corn, and sesame, according to the Ministry of Commerce. Myanmar traders have had to resort to exporting rice in unnamed sacks to avoid the Chinese authorities’ quality controls. Some traders were arrested in April because China has not yet […]