Mizzima-June 26
The Myanmar Rice Federation announced that it will sell rice at below-market prices to anyone who produces their household list and National Registration Card (NRC), from 24 June 2024. But, purchases are limited to one bag of Pawsan rice and one bag of Aemahta rice per family and the rice can only be purchased from the Wardan Rice Trading Centre or the Bayinnaung Rice Trading Centre in Yangon between the hours of 9:30 am and 3:30 pm. mA rice merchant said that though the junta is selling rice at reduced prices the price of rice on the open market is likely to remain unaffected as the subsidized rice is only available from two locations in Yangon. They said: “The current state of imports and transport costs makes rice pricey. Their [the junta’s] ideas don’t seem to be working, as they can only sell at two locations in Yangon. Although their stated price was reasonable, it did not disguise the circumstances. They used to utilize this strategy before, but everyone knows it doesn’t work.”
Currently, the market price of Pawsan (Shwe Bo) rice is at least 180,000 kyats per 50kg bag, Pawsan (Ayeyarwady) rice is up to 160,000 kyats per bag and Aemahta rice i
Subsidised Pawsan (Shwe Bo) rice costs 135,000 to 145,000 kyats per bag, subsidized Pawsan (Ayeyarwady) rice costs 110,000 to 120,000 kyats per bag and subsidized Aemahta rice costs 72,000 to 75,000 kyats per bag. The subsidized rice is also available in smaller-size bags. Read more at: https://eng.mizzima.com/2024/06/26/11172
