Myanmar daily sends 10,000 rice bags to China via Muse land border

About 10,000 rice bags are daily exported to China through Muse 105th mile trade zone under the remaining permit quota of 2020, said U Min Thein, vice-president of Muse Rice Wholesale Centre.
When Chinese New Year is approaching, Myanmar is sending about 3,000 rice bags and 7,000 broken rice bags to China per day via Muse border under the remaining permit quota of 2020.
“Public holiday for Chinese New Year will start on 11 February. At present, about 10,000 rice bags are delivered to China,” he added.
Muse trade was suspended on 1 February, but the business returned to normal on 2 February.
“There is nothing changes in border trade for now. Myanmar’s Muse border was shut down on 1 February, and traders cannot go to Kyalgaung and Namhsan areas. Nevertheless, trade went back to normal on the morning of 2 February at 10:30 am,” he elaborated.
Chinese trade partners are waiting for China’s rice import permit this year, U Min Thein highlighted.
Rice import permit expired on 31 December 2020. The rice trade has been suspended. Now, they are anticipated for permit grant for 2021.
The rice import permit for 2021 is likely to be granted in early March after the Chinese New Year. The quota of permits is expected to increase this year, traders shared their opinions.
Myanmar exported over 720,000 tonnes of rice and broken rice to foreign countries between 1 October and 15 January of the current 2020-2021 budget year, generating US$275 million incomes, Myanmar Rice Federation stated. (Translated by EMM)