Myanmar Rice Federation purchases 2,500 tonnes of rice from Rakhine State

2906300
Rice bags are pictured being unloaded at the Myanmar Rice Federation.

The Myanmar Rice Federation (MRF) purchased 2,500 tonnes of rice from Rakhine State, according to the Rakhine State Rice Millers Association.
As the MRF plans to export 200,000 tonnes of rice to Bangladesh under the agreement the Rakhine State Rice Millers Association have permission to sell 2,500 tonnes of rice to the MRF and is prepared to sell export-quality rice to the MRF.
The sale agreement of the two countries – Bangladesh and Myanmar – is based on the CIF (Cost, Insurance & Freight) price at US$465.5 per tonne to Chittagong port. The Rakhine State Millers Association is carrying out negotiations to purchase from the MRF at $400 per tonne.
There are three rice mills in Kyauktaw township, two rice mills in Ponnagyun township and two rice mills in Sittway of Rakhine State and will sell rice produced from the seven rice mills in Rakhine State. — TWA/GNLM

Share this post
Hot News
Hot News
SAC Chairman PM Senior General Min Aung Hlaing receives Rosatom DG
Systematic fish farming must be implemented across the nation for all the people to consume fish at reduced prices: Senior General
Message sent by State Administration Council Chairman Prime Minister of Republic of Union of Myanmar Senior General Thadoe Maha Thray Sithu Thadoe Thiri Thudhamma Min Aung Hlaing to ceremony to mark 76th Anniversary of Shan State Day
SAC Chairman PM Senior General Min Aung Hlaing opens Myanmar’s first-ever nuclear technology information centre
6-2-2023
SAC Chairman Prime Minister Senior General Min Aung Hlaing inspects fish farming process, Institute of Fisheries (Twantay) in Shwemayin region of Twantay Township
If factories can operate with solar power, it will much benefit them: Senior General
MNHRC inspects Shwe Than Lwin Home for Aged
Illegal foodstuffs, consumer goods, industrial raw materials, vehicles confiscated
Myanmar delegation attends 57th ASEAN Tourism Authority Meeting and Related Meetings