Markets and trade
 

Detail

Area
Myanmar
Commodity Group
Rice
Commodity
All
Date
30/04/2020
Policy Category
Trade
Policy Instrument
Export restrictions, export quota
Description
Set a rice export quota of 150 000 tonnes for May 2020. The quota would be applicable to all rice varieties and qualities, except for parboiled rice, which could be exported without restrictions. Of the total quota, 100 000 tonnes would be seaborne and the balance exported as overland cross-border consignments, with exporters also required to sell the equivalent of 10 percent of their shipments to the state for its reserve. Future export directions would be discussed between the officials and industry representatives based on COVID-19 developments as well as domestic and offshore market conditions.