Myanmar expects rice exports to surge in coming months as curbs on Indian sales and a spike in Thai and Vietnamese prices force buyers to hunt for other origins. The tightening in global supply should help revive the Southeast Asian nation’s rice shipments, which slumped 56 percent in the first…
A laborer unloads sacks of rice from a ship along a jetty in Yangon on June 28, 2023.Myanmar expects rice exports to surge in coming months as curbs on Indian sales and a spike in Thai and Vietnamese prices force buyers to hunt for other origins.
“We hope to take advantage, even though we’ll maintain our focus on exporting only higher-quality varieties,” Ye Min Aung said. The policy uncertainty comes after a stunning primary election Sunday night when outsider candidate Javier Milei won the race, becoming the frontrunner before the October 22 general vote. In Argentina, one of the world’s largest beef exporters, policies that affect beef prices quickly touch a social nerve as its a key part of the local diet.
“This won’t control meat price increases for all consumers,” says Miguel Schiariti, head of Argentine beef industry group Ciccra. “These agreements with the export sector are only about 6 percent to 7 percent of all the meat consumed in Argentina.”
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