• Burmese
Wednesday, July 16, 2025
No Result
View All Result
NEWSLETTER
The Irrawaddy
27 °c
Yangon
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Business
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Junta Watch
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Books
  • Donation
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Business
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Junta Watch
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Books
  • Donation
No Result
View All Result
The Irrawaddy
No Result
View All Result
Home Business

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

Kyaw Hsu Mon by Kyaw Hsu Mon
August 31, 2015
in Uncategorized
Reading Time: 2 mins read
0 0
A A
Rice Federation Forecasts Exports to Resume as Scheduled in Mid-September

 A rice farmer walks through a paddy field in a village near Patheingyi

2.7k
VIEWS
Share on FacebookShare on Twitter

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 while authorities’ and aid groups struggled to respond to the country’s worst flooding in recent memory.

The rice federation forecasts requirements for local consumption will be met following what would be over a month-long halt in mid-September.

RelatedPosts

Over 12,000 Flee Junta Onslaught in Myanmar’s Quake Disaster Zone

Over 12,000 Flee Junta Onslaught in Myanmar’s Quake Disaster Zone

July 2, 2025
616
Mandalay Quake Victims Return to Ruins After Myanmar Junta Eviction Order   

Mandalay Quake Victims Return to Ruins After Myanmar Junta Eviction Order   

May 28, 2025
756
Seismic Shifts: A Timeline of Myanmar’s Deadliest Quake Disasters

Seismic Shifts: A Timeline of Myanmar’s Deadliest Quake Disasters

April 30, 2025
1.5k

“New rice will come onto the market as next month is harvest season, then the market price will be stable,” said Soe Tun, joint secretary of the Myanmar Rice Federation. “There is enough for local consumption now, that’s why we will resume exports as scheduled.”

Despite the federation’s urgings, rice prices increased in some areas of the country and shortages were experienced in townships seriously impacted by flooding, including in Chin State, Arakan State and Magwe Division.

The Myanmar Rice Federation opened some 20 rice shops in flood-affected areas, including in Rangoon and Mandalay, to sell rice at the subsidized rate of around 22,000 kyat per 50 kilogram bag.

But according to reports from Sittwe, 50 kilogram bags were selling for between 60,000 to 96,000 kyat in the Arakan State capital.

The federation stated in early August that it would call on supplies of around 85,000 bags in Rangoon and 15,000 in Mandalay to meet local demand.

“Now the normal rice price is stable at 20,000 kyat per [50 kilogram] bag,” Soe Tun said. “And I heard there are only a few people buying rice in our 20 rice shops [in flooded areas], that’s why we won’t delay rice exports.”

Rice is a key export for Burma, with the majority traded overland to China, through the Muse-Ruili checkpoint.

Min Zaw, a rice trader based in Rangoon, said he expected the local price wouldn’t increase when traders were able to resume rice exports to China, but consumers would have to wait and see.

“There is still enough rice on the market for local consumption and the price is still stable,” he said.

More than 1.3 million acres of paddy fields have been flooded in Burma, mainly in Kale, Kanbalu and Monywa in Sagaing Division and the Myanmar Rice Federation predicted exports to be considerably down on last year.

“Though we expected to export about 2 million tons of rice this year, we won’t reach that [target]. Now we expect to export less than 1.5 million tons,” Soe Tun said.

Figures from the Ministry of Commerce put total rice exports at more than 1.7 million tons in the 2014-2015 fiscal year, reaping nearly US$645 million. Exports were shipped to 64 countries including China and Japan, as well as other nations of ASEAN, Europe and Africa.

Your Thoughts …
Tags: A_FactivaDisaster
Kyaw Hsu Mon

Kyaw Hsu Mon

The Irrawaddy

Similar Picks:

Inspiring Women of Burma  
Burma

Inspiring Women of Burma  

by The Irrawaddy
March 18, 2016
33.6k

The contributions of some of Burma’s leading female figures are highlighted in the final part of a series that ran...

Read moreDetails
Burma

Thousands Displaced as Widespread Flooding Inundates Southern Myanmar 

by The Irrawaddy
October 9, 2023
1.5k

Blackouts and lack of rescue equipment delay emergency response, leaving children and elderly stranded in flooded homes.

Read moreDetails
Seismic Shifts: A Timeline of Myanmar’s Deadliest Quake Disasters
Burma

Seismic Shifts: A Timeline of Myanmar’s Deadliest Quake Disasters

by Maung Kavi
April 30, 2025
1.5k

In a nation rocked by centuries of devastating earthquakes, none comes close to the death and devastation unleashed a month...

Read moreDetails
Dozens Missing After Myanmar Junta Supply Boat Sinks in Sagaing
Burma

Dozens Missing After Myanmar Junta Supply Boat Sinks in Sagaing

by The Irrawaddy
September 20, 2023
975

Vessel was part of a military flotilla carrying soldiers, teachers, students and a cargo of jade when it capsized in...

Read moreDetails
Australian-Karen Actress: ‘I Hope Karen People Will Have the Right to Self-Determination’
Asia

Australian-Karen Actress: ‘I Hope Karen People Will Have the Right to Self-Determination’

by Saw Yan Naing
January 18, 2016
13.7k

Tasneem Roc, an Australian actress who also has ethnic Karen roots, speaks with The Irrawaddy about her career and her...

Read moreDetails
Mandalay Quake Victims Return to Ruins After Myanmar Junta Eviction Order   
Burma

Mandalay Quake Victims Return to Ruins After Myanmar Junta Eviction Order   

by The Irrawaddy
May 28, 2025
756

Survivors of the March 28 disaster forced back to damaged homes as regime closes shelters. 

Read moreDetails
Load More
Next Post
Election Body Pledges Tweaks to Polling Day Reporting Guidelines

Election Body Pledges Tweaks to Polling Day Reporting Guidelines

Buddhist Nationalists Secure Win as Religion Bills Become Law

Buddhist Nationalists Secure Win as Religion Bills Become Law

No Result
View All Result

Recommended

Trump’s Tariffs to Hit Myanmar’s Garment Manufacturers Hard

Trump’s Tariffs to Hit Myanmar’s Garment Manufacturers Hard

6 days ago
1.3k
‘Not a Witch Hunt’: Upholding Survivor-Centered Justice in Myanmar

‘Not a Witch Hunt’: Upholding Survivor-Centered Justice in Myanmar

5 days ago
644

Most Read

  • Myanmar Junta Launches Space Agency With Russian Help

    Myanmar Junta Launches Space Agency With Russian Help

    shares
    Share 0 Tweet 0
  • Myanmar Junta’s ‘Living Fence’ on Thai Border Falls to Karen Resistance

    shares
    Share 0 Tweet 0
  • Indian Army Accused of Deadly Strike on Separatists in Myanmar

    shares
    Share 0 Tweet 0
  • Myanmar Junta Moves into Nawnghkio Outskirts

    shares
    Share 0 Tweet 0
  • TNLA Invites Investment in Ruby and Mineral Towns Amid Myanmar Junta Onslaught

    shares
    Share 0 Tweet 0

Newsletter

Get The Irrawaddy’s latest news, analyses and opinion pieces on Myanmar in your inbox.

Subscribe here for daily updates.

Contents

  • News
  • Politics
  • War Against the Junta
  • Myanmar’s Crisis & the World
  • Conflicts In Numbers
  • Junta Crony
  • Ethnic Issues
  • Asia
  • World
  • Business
  • Economy
  • Election 2020
  • Elections in History
  • Cartoons
  • Features
  • Opinion
  • Editorial
  • Commentary
  • Guest Column
  • Analysis
  • Letters
  • In Person
  • Interview
  • Profile
  • Dateline
  • Specials
  • Myanmar Diary
  • Women & Gender
  • Places in History
  • On This Day
  • From the Archive
  • Myanmar & COVID-19
  • Intelligence
  • Myanmar-China Watch
  • Lifestyle
  • Travel
  • Food
  • Fashion & Design
  • Videos
  • Photos
  • Photo Essay
  • Donation

About The Irrawaddy

Founded in 1993 by a group of Myanmar journalists living in exile in Thailand, The Irrawaddy is a leading source of reliable news, information, and analysis on Burma/Myanmar and the Southeast Asian region. From its inception, The Irrawaddy has been an independent news media group, unaffiliated with any political party, organization or government. We believe that media must be free and independent and we strive to preserve press freedom.

  • Copyright
  • Code of Ethics
  • Privacy Policy
  • Team
  • About Us
  • Careers
  • Contact
  • Burmese

© 2023 Irrawaddy Publishing Group. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Business
    • Economy
    • Business Roundup
  • Books
  • Donation

© 2023 Irrawaddy Publishing Group. All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.