MRF to stockpile up to 1M bags of reserved rice

Myanmar Rice Federation (MRF) will store up to one million bags of rice, including Pawsan rice varieties, for the State’s rice reserve.
The federation will add Pawsan rice in addition to Aemahta rice into the rice reserves. A bag weighs 108 pounds.
“Even Pawsan rice has been planned for rice reserve in the coming paddy season. This move is to stabilize the market and facilitate consumers, especially low-income families. After MRF stockpiles them, the related departments and individuals will resell them to the employees. At present, there is adequate distribution of Aemahta rice,” U Ye Min Aung, president of MRF.
The Ministry of Commerce and MRF decided to add more rice stocks to the rice reserve scheme with a view to stabilizing the market and beefing up stocks for low-income households.
According to the strategic plan of the rice reserve by the Ministry of Commerce and MRF, one to three bags are designated for rice reserve per tonne of rice export. — ASH/KK