Muse traders flout rice exports ban

Despite a ban on rice exports as Myanmar struggles to recover from a nationwide flooding disaster, traders are continuing business at the Muse border with China. In early August, the Myanmar Rice Federation announced a ban on exports for six weeks as more than 500,000 acres of paddy flooded nationwide and more than 300,000 acres […]

Rice Federation Forecasts Exports to Resume as Scheduled in Mid-September

RANGOON — Recently halted after severe flooding that inundated swathes of the country, Burma will resume rice exports as scheduled from mid-September, the country’s rice federation said on Monday. Members of the Myanmar Rice Federation had agreed to a temporary pause on exports and to sell domestically at regular prices to buyers in urgent need […]

Officials prepare for rice exports to China

To facilitate rice exports to China, the China Certification & Inspection Group (CCIC) will open an office in Yangon. The Myanmar Rice Federation (MRF) will send a list of 10 rice exporting companies and other documents to China. The CCIC will hold talks between the Myanmar government, COFCO Group and the companies that signed the […]

Rice exports to China surge

Myanmar rice exports to China through the Muse border crossing have swelled due to increased demand from China and fewer seizures by Chinese authorities, according to merchants from Muse. “Demand is up. Export is surging,” a merchant said. On average, about 4,500 tonnes of rice and 1,500 tonnes of broken rice are exported daily through […]

Rice price volatility in Myanmar must be addressed, says World Bank

The price of rice in Myanmar has increased by 41 percent between 2009 and 2013, a rate much higher than neighbouring competitors Thailand and Cambodia. This has led to a decrease in Burmese rice exports and food security at home, according to a recent report by the World Bank. “Price fluctuations are common in agricultural […]

India set to import 100,000 tonnes of rice from Myanmar

India, the largest rice exporter in the world, is set to import around 100,000 tonnes of rice from Myanmar, which was once the largest exporter of the commodity. The move is a result of logistical bottlenecks that will hinder the transportation of rice to the northeastern states of India. The rice import is a preventive […]