Mobile market trucks are back to its businesses on 10 November in four districts, Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) stated.
The prices of rice in the export market slightly decreased in October owing to the coronavirus impacts, as per data of Myanmar Rice Federation (MRF). In October, the export prices of white rice (low quality), broken rice and parboiled rice slipped compared to September’s rate.
The rice traders predict that China is likely to grant import of rice up to 2 million bags by 2021 in consideration of growing domestic demand, said U Min Thein, Vice-Chairman of Muse Rice Wholesale Centre.
The price of black bean plunged by K40,000 per tonne on the back of weak demand by India, said U Min Ko Oo, secretary of Myanmar Pulses, Beans and Sesame Seeds Merchants Association (MPBSSMA).
THE Department of Agriculture is enticing watermelon growers to turn to other crops which have market certainty, said U Win Hlaing Oo, head of Sagaing Region Department of Agriculture.
The volume of rice and broken rice exported between 1 and 16 October in the current financial year 2020-2021 reached 35,637 metric tonnes, worth over US$14 million, according to an announcement from the Myanmar Rice Federation (MRF).
