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It was learned from local residents that the market price was in a downward trend
due to the oversupply of rice and broken rice in the market.
Data show that in the last week of September, about 50,000 bags
of rice and broken rice entered the Boyinlang Farmers' Trade Station in Yangon.
In one day on October 3, about
100,000 bags of rice and broken rice entered the market.
The Myanmar Rice Merchants Association has issued a relevant statement in this regard, which coincides with the market season of rice and broken rice, and the price of rice and broken rice, which has been at a high price for a long time, has declined
.
of rice and broken rice entered the Boyinlang Farmers' Trade Station in Yangon.
In one day on October 3, about
100,000 bags of rice and broken rice entered the market.
The Myanmar Rice Merchants Association has issued a relevant statement in this regard, which coincides with the market season of rice and broken rice, and the price of rice and broken rice, which has been at a high price for a long time, has declined
.
Since the first week of this month, the price of 24 bags of rice has fallen by an average of 2,000 to 5,000
kyats.
On October 7, the Myanmar Rice Merchants Association updated the price of listed rice, with a guide price of 90,000 kyats for a bag of Shbau Pok Sands rice, a guide price of 65,000 Burson Rice, a bag of Milmi Boshan rice at a guide price of 65,000 Burmese dollars, and a bag of Bi Kampong Poshan rice at a guide price of 65,000 Burmese kyats
.
kyats.
On October 7, the Myanmar Rice Merchants Association updated the price of listed rice, with a guide price of 90,000 kyats for a bag of Shbau Pok Sands rice, a guide price of 65,000 Burson Rice, a bag of Milmi Boshan rice at a guide price of 65,000 Burmese dollars, and a bag of Bi Kampong Poshan rice at a guide price of 65,000 Burmese kyats
.
However, outside the farmers' market, a bag of Shappo Boshan rice retails at 93,000 kyats, a bag of Bosheng rice costs 71,000 kyats, a bag of Milmabury Hill rice costs 70,000 kyats, and a bag of Bi Kuang Boshan rice costs 69,000 kyats
.
.
Since the outbreak of the epidemic, in order to prevent malicious speculation, the Myanmar authorities have listed epidemic-related medical supplies and just-needed food as important commodities, and severely punished those who disrupt the market with high-priced wholesale or hoarded goods
.
In addition, the Ministry of Commerce and Trade, MITS and the Myanmar Rice Association have jointly launched a food reserve plan to restrict the export of strategic goods such as rice and ensure adequate
domestic rice supply.
.
In addition, the Ministry of Commerce and Trade, MITS and the Myanmar Rice Association have jointly launched a food reserve plan to restrict the export of strategic goods such as rice and ensure adequate
domestic rice supply.
Myanmar is a large agricultural country, every year will carry out a grain reserve program, when exporting rice abroad, it is necessary to ensure domestic food demand, based on the needs of the livestock industry, before exporting rice abroad and increasing exports
according to production.
It is known from the Myanmar Rice Merchants Association that Myanmar rice and broken rice exports are rising by an average of 10% per year, and while increasing the volume of exports, the Rice Merchants Association is also improving the quality
of rice.
according to production.
It is known from the Myanmar Rice Merchants Association that Myanmar rice and broken rice exports are rising by an average of 10% per year, and while increasing the volume of exports, the Rice Merchants Association is also improving the quality
of rice.
