Rice prices rise in domestic market this harvest season

Harvested monsoon rice lying near a paddy field in Shwebo District.  Photo: Taung Ni Tin Win
Harvested monsoon rice lying near a paddy field in Shwebo District.  Photo: Taung Ni Tin Win

Although farmers had a good yield from the monsoon paddy in the Shwebo District, rice prices have been on the rise in the domestic market, growers said.
Commenting on the price increase, U Than Tun, a rice farmer from Kanthit Village in KhinU Township, said, “Some hundred baskets of Shwebo Pawsan rice, a popular type, is currently sold for some Ks1.2 million in the market. The same volume of Pawsan rice was sold for Ks850,000 last year.”
There are more than 500,000 acres of monsoon paddy plantations in Shwebo District in Sagaing region, with the popular Pawsan rice being cultivated in over half of the plantations.
“Currently, a bag of Shwebo Pawsan rice that was harvested in the previous season is being sold for Ks35,000, while the newly harvested Pawsan rice is sold at Ks60,000 per bag in the market,” said U Than Shwe, a rice miller in Tintal Village.—Taung Ni Tin Win

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