MRF, its affiliates sell high-grade Shwebo Pawsan rice at K75,000 per bag

LOCAL NEWS

Cheap-rate of high-grade Shwebo Pawsan rice at K75,000 per bag will be offered at the Wadan Rice Wholesale Centre starting from 3 August.
Shwebo Pawsan rice variety is priced at K90,000 per bag in the domestic market. Myanmar Rice Federation and its affiliates will offer reasonable prices for Shwebo Pawsan and other rice varieties to the consumers when the rice price inflates in the market.
Myanmar Rice Federation, Myanmar Rice Producers and Planters Association, Myanmar Rice Millers Association, and traders and brokers engaged in the Wadan Rice Wholesale Centre and Bayintnaung Rice Wholesale Centre are working together on this scheme.
The prices will stand at K75,000-K77,000 per bag of Shwebo Pawsan, K52,000-55,000 per bag of Ayeyawady Pawsan, K55,000-K60,000 per bag of Kyapyan, and K35,000-K37,000 per bag of short-matured rice varieties (90 days) at the Wadan Rice Wholesale Centre.
Sales volume is limited to one bag per household. Those traders and retailers are not entitled to buy them.
On 1 August, rice prices stood at K87,000 per bag of Pawsan variety produced in the Shwebo area, K60,000 for the one in Dedaye and Pyapon areas, and K61,000 for the one in Myaungmya and Pathein areas, while the prices of other Pawsan varieties are estimated at K57,000-K60,000 per bag. Kyapyan variety is valued at K66,000 per bag, whereas the short-matured rice variety (90 days) is worth K40,000 per bag respectively. — NN/GNLM

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