Rice sold at fairer prices

Myanmar Rice Federation has been selling the basic food, rice at fairer prices for the people at the rice wholesale centre (Wahdan) in Lanmadaw Township of Yangon Region since 3 August.
A person can buy one sack of rice daily between 9 am and 3:50 pm except for Sunday at K52,000 per bag of Ayeyawady Pawsan, K55,000-K60,000 per bag of Kyapyan, K75,000 -K77,000 per bag of Shwebo Pawsan and K35,000-K37,000 per bag of 90 days rice.
The shops in Yangon sell Pyapon sticky broken rice at K50,000 per bag while K70,000 per bag of sticky rice, K40,000 per bag of 90 days rice, K50,000 per bag of Pawsan and K93,000 per bag of Shwebo Pawsan.
The broken rice is priced at between K1,500 and K4,000 per pyi. It is K35,000 per bag of brown rice and K93,000 per bag of finished rice. They set the rice prices depending on the prices of the Bayintnaung market, transportation charges and labour charges.
“The people are happy as we sell the rice at cheap prices. The rice prices are not high but other prices are on the rise. We cannot say the price for the coming month. We sell 350/400 bags per day. It is important for the people to buy the rice at cheap prices and so we arrange further action to sell continuously after three months. We are also satisfied with such doings,” said U Nay Lin, chairman of the Myanmar Rice Traders Association.
The Yangonites consume about 10 types of rice daily. The Ayeyawady Pawsan was much in demand and the price was not much different from the Shwebo Pawsan that was started producing in 2002 and the Shwebo Pawsan became more popular. Then, the Shwebo Pawsan price was higher. Changes in consuming different types of rice can support rice price stability.
It is estimated to grow over 1.3 million acres of monsoon pappy and it completes over one million acres. It is also expected to produce 13 million tonnes of monsoon paddy.
Myanmar Rice Traders Association, Myanmar Rice Millers Association, Myanmar Paddy Producers Association, and rice wholesale centres (Wahdan) and (Bayintnaung) sell four types of rice for the people to purchase at fairer prices. — Nyein Thu/(MNA) GNLM