Myanmar brown rice prices fall, exporters explain why; salt prices fall in Mon State

Published 2024년 4월 8일

Tridge summary

In Yangon, the price of brown rice and export rice has seen a decrease due to reduced purchase volumes and pressure from exporters, with a notable drop of about 3,000 kyats per bag for exported rice. Despite these changes, domestic rice prices have remained stable, including varieties such as Shwebao Boshan and 90-day yellow rice. Meanwhile, in Mon State, the price of salt has decreased from 185 to 160 Myanmar Kyats per pull, attributed to favorable weather conditions and a strong production output, with over 10,000 tons of salt produced this season. The salt, produced seasonally, is distributed across several provinces for sale.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A rice wholesaler in Yangon revealed that the price of brown rice in the domestic market and the price of export rice have both fallen. He explained that the price of brown rice has been affected by the low purchase volume and continuous price pressure of exporters. It is worth noting that the price of rice for domestic consumption has not fallen. In addition, the price of a bag of exported rice has fallen by about 3,000 kyats at present. However, as purchasing power increases after the Water Splashing Festival, the price may rise again. At present, the wholesale price of rice with a higher domestic consumption remains relatively stable. For example, the wholesale price of old Shwebao Boshan rice 10 decimeter (broken rice rate 10%) is 180,000 kyats per 108 pounds bag, and the price of new Shwebao is 180,000 kyats per 108 pounds bag. Boshan rice is 160,000 kyats per bag. In addition, the wholesale price of 90-day yellow rice for export is 69,000 kyats per bag, Boshan (Tutuxie) rice ...
Source: Foodmate

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