Category Archives: China Rice News

Rice Export Volume Drops

The rice export volume has declined this fiscal year due to flooding and a slowdown in demand from China, rice traders said. The rice export volume for the 2016-17 fiscal year is expected to reach 1 million tons, which is less than the 2015-16 export volume of 1.3 million tons, said U Ye Min Aung,… Read More »

Laos to export more rice to China: PM

China has agreed to purchase 20,000 tons of organic rice a year from Laos, Lao Prime Minister Thongloun Sisoulith told local authorities in the southern Champassak province. Laos will need to deliver 20,000 tons of genuine organic rice to China and the shipment must not contain non-organic rice, Thongloun was quoted by the state-run Vientiane… Read More »

Private sector investments boosting agriculture output

Increased private sector investment in agriculture is helping to modernise a sector that the government has named as a priority for development because of its crucial role in the economy, the Nikkei Asian Review said last week. The investment includes the country’s biggest rice mill, being built by Myanmar Agribusiness Public Corporation to boost exports… Read More »

Vietnam’s rice exports may continue slide in 2017

Shipments from Vietnam last year hit the lowest level since 2009. Now experts warn market trends are not favorable. Abundant global supplies, potentially slow trade and increased competition are putting more pressure on Vietnamese rice exporters, who just finished 2016 on a sour note. Vietnam’s rice shipments last year fell 25.8 percent to 4.9 million… Read More »

All state rice stocks to be disposed of this year

Prime Minister Prayut Chan-o-cha wants all existing state rice stocks to be disposed of within this year. Wiboonlasana Ruamraksa, permanent secretary for commerce, said Gen Prayut, who chaired the national rice policy committee’s meeting yesterday, has ordered officials handling state rice sales to clear the entire 8 million tonnes of rice in the stockpiles within… Read More »

Farmers suffer as rice price slumps

Rice farmers are enduring hard times because production costs have exceeded the return on months of hard toil, with prices at their lowest levels since 2012. FALLING RICE prices have brought misery for many of the farmers who comprise about two-thirds of Myanmar’s population. Months of hard toil have produced a bitter harvest of financial… Read More »