Myanmar rice

Rice: High quality rice price increased by about K1000 per bag (49 kilograms or 108 pounds) while the low-quality rice is stable. The high-quality rice price increased because some traders had begun stockpiling quantities for sale later in the year, so less rice was making its way to the market, said a spokesperson from Shwe War Mandaing rice warehouse. High-quality rice increased to between K24,000 and 24,500 per bag from K23,000; low-quality rice was stable at about K17,000 a bag.