Rice federation forecasts exports to resume as scheduled in mid-September
Recently halted after severe flooding that inundated swathes of the country, Myanmar will resume rice exports as scheduled from mid-September, the country’s rice federation said on 31 August.
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.