Farmers call for urgent intervention as rice price plummets

The price of rice has fallen dramatically over recent weeks leading farmers to call for an urgent intervention by authorities. Farmers are struggling, U Thein Aung, chair of the Free Farmers Association, told The Myanmar Times. Prices began to fall when Indonesian buyers discovered pests in a shipment of rice from Myanmar, and refused to pay […]

Maritime spat to aid rice exporters

Growing tensions in the South China Sea in recent months is leading China to shun Vietnam for its rice imports, opening the door for Myanmar exporters, according to traders. Much of Myanmar’s official exports currently go to African countries, but with Thai exporters dropping prices in those markets since the May 22 coup, Myanmar exporters […]