Due to the suspension of rice exports to Muse 105th mile trade camp, rice producers across the country has to rely on the Yangon market alone, according to Bayintnaung Rice Brokerage Center.

Than Oo, Secretary of Bayintnaung Rice Brokerage Center said “Yangon market sees a massive inflow of rice from other regions and states due to the suspension of rice export via Muse.  Rice quality is not that good too. It is the 25-mark rice. And as the rice is still wet, we have to sell them at reduced prices.”

Since mid-October, Muse 105th mile border trade camp has seen arrivals of only two rice-laden trucks a day due to wet rice and China’s crackdown.

“Wet rice will be damaged by the time they arrived in China. Around two rice merchants are exporting one or two rice-loaded trucks on a trial basis,” he added.

Bayintnaung Rice Brokerage Center sees arrivals of 50,000 bags of rice a day. The arrival of rice to the Bayintnaung Rice Brokerage Center has declined to 40 per cent due to a plan to lower rice prices in early October.

Now, the arrival of rice to the Bayintnaung Rice Brokerage Center has returned to normal. The price of Eamahta rice (25-mark) was Ks19,000 a bag in January, Ks19800 in May and Ks22500 in September this year.

The price of Ngasein rice (25-mark) was Ks19,300 a bag in January, Ks20,700 in May and Ks22,000 in September this year.