Myanmar rice producers seeking new markets
Ye Min Aung, general secretary of the MRA, said: “Currently our country’s rice exports depend mainly on the Chinese market. This kind of single-market dependency could bring negative effects for us in long-term, so we need to find more markets – in Africa, Indonesia, Philippines, etc. If not, when China stops ordering rice from us, our rice market will be doomed.”
At present, rice demand in China is around 5 million tonnes a year, making it the largest market in the world. But the Rice Association says new markets must be targeted.
The association expects rice exports to reach 4 million tonnes a year by 2019, the official said. ■