Export prices of broken rice to China up from Myanmar's Muse gate-Xinhua

Export prices of broken rice to China up from Myanmar's Muse gate

Source: Xinhua| 2022-07-09 21:33:44|Editor: huaxia

YANGON, July 9 (Xinhua) -- Export price of broken rice from Myanmar's Muse gate to China has risen about 9 percent after the driver substitution rule was eased on May 16, Min Thein, Vice Chair of Muse Rice Wholesale Centre, said.

"The current price of a 50-kg broken rice bag in Muse was 120 yuan, up from 110 yuan in May," Min Thein told Xinhua on Saturday.

Export volume of rice and broken rice from Myanmar to China through the Muse gate has also risen by about 250 metric tons per day after allowing the Myanmar trucks and drivers enter China's side in May, he added.

According to the Myanmar Rice Federation, the Southeast Asian country exported 19,746 metric tons of broken rice to China in June.

During the first quarter of the 2022-2023 fiscal year, Myanmar's border trade with China was mainly done through the Muse gate, official data showed.

EXPLORE XINHUANET