Myanmar exported over 500,000 metric tons of rice and broken rice worth US$191.717 million to China in the first quarter of the current financial year 2020-2021, which accounts for 77.4 percent of overall rice exports, Myanmar Rice Federation’s data indicated. The erratic weather in China has caused damage to some farmlands in China. So, a […]
MoU on official rice exports to China to be signed soon
March 22, 2019 by
Under a program between Myanmar’s Yangon and China’s Kunming, a Memorandum of Understanding on official rice exports to China will be signed soon, said U Aung Htoo, Deputy Minister of Commerce. “We plan to sign the MoU for the export of rice and broken rice to China by this month or next. Negotiations are at […]
Government, private sector promote local SME goods with export potential
June 5, 2018 by
The government is working together with the private sector to promote locally produced goods, including those made in the states and regions beyond Yangon. The aim is to export the goods and narrow the trade deficit, which is in line with the National Export Strategy. Last week, the Union of Myanmar Federation of Chambers of […]
Crop insurance, land reform and investment are essential to Myanmar’s agricultural sector
August 16, 2017 by
Q: What is the state of the rice industry in Myanmar? A: The government relaxed its control of the rice industry in 2003. Since FY2012-2013, rice export volume has exceeded one million tons per year. Q: Rice from Myanmar does not meet international standards and fails to sell for good prices in the international market. […]
Muse traders flout rice exports ban
September 4, 2015 by
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
September 2, 2015 by
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
January 16, 2015 by
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
January 8, 2015 by
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
November 27, 2014 by
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 […]
