Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 
   
 


Home > News

Burma Rice Exports Disrupted Amid Coup

12.04.2021 10:18 "Agro Perspectiva" (Kyiv) According to the report of the USDA Grain: World Markets and Trade (April 2021), amid the current political situation in Burma, this significant rice supplier in Southeast Asia is set to export its lowest amount in 5 years. The turmoil is expected to accelerate the multi-year decline in exports, which has stemmed from reduced production and increased competition from other suppliers. One year ago, the Government of Burma implemented policies to restrict exports for a few months at the outset of the COVID-19 pandemic. This year, the recent change in government has created significant challenges, leaving much uncertainty about the countrys export potential.

On February 1, 2021, the military overthrew the democratically elected civilian government. The current political situation has caused a plethora of problems which complicate trade. Traders report difficulties accessing phytosanitary and country of origin certificates as well as challenges accessing financing. The Ministry of Commerce has waived export license requirements but only temporarily. There are also significant transportation disruptions, both with in-country transit and at ports. Drivers have had trouble coordinating deliveries amid country-wide communication blackouts. Thousands of containers have been stuck at port, and rice wholesale centers in Rangoon were temporarily closed due to traffic by protestors and transportation disruptions.

These delays and disruptions are likely to reduce the exports in the near term to markets outside of the region, such as the European Union. Burma will also likely continue to struggle to export to African markets as low-priced Indian rice continues to dominate there.

With the disruptions at the ports, trade with neighboring China may become more significant in the next few months. China has been the largest market for Burma over the past several years, and only a few years ago was the destination for more than 80 percent of its exports. While exports from Burma to China trended lower between 2017 and 2019, they rebounded in 2020. In 2021, Chinas continued import demand and proximity along the border may provide a significant nearby market for Burma rice exports.

Agro Perspectiva

< Positive cereal crop prospects in 2021 All news for
12.04.2021
Brazil Soybean Exports Record Large in March >

18.05.2021  
13:33 ASTARTA Completed its Sowing Campaign 2021
17.05.2021  
16:47 CNH Industrial announces subsidiary notes offering
14.05.2021  
14:15 ASTARTA Started Raw Sugar Processing
12.05.2021  
14:01 For the MY 2021/22 forecasts Bangladeshs rice production to increase, assuming friendly weather and increased yield
12:51 Total Latvian wheat, rye, mixed grains, triticale, barley, corn, and oat production in MY 2021/22 is forecast at 3.2 MMT
07.05.2021  
13:22 Global cereal markets tighten as demand remains strong in 2020/21
12:25 International food prices continue rising in April
06.05.2021  
15:38 New Zealand. Total milk production is forecast at 22.2 MMT
05.05.2021  
16:47 CNH Industrial. Consolidated revenues of $7.5 billion (up 37% compared to Q1 2020)
13:21 Australia. Wheat production is forecast at 27 MMT in MY 2021/22
30.04.2021  
14:21 ASTARTA Finished Sugar Beet Planting
29.04.2021  
11:49 Manitou Group: Q121 revenues of 471m, +12% vs. Q120
11:39 BASF increased sales by 2.6 billion compared with the first quarter of 2020 to 19.4 billion
28.04.2021  
17:00 Spain: Spanish Cheese Exports May Rebound in 2021
27.04.2021  
16:47 Argentina. Wheat production is estimated at 20.5 million tons in 2021/2022
26.04.2021  
16:35 Small family farmers produce a third of the worlds food
10:09 Industrial production in Ukraine 2.1% up in March 2021 - statistics
24.04.2021  
07:20 Finance Ministry proposes to change criteria for land valuation in settlements by 2023
22.04.2021  
11:28 Giving a voice to soil organisms our silent allies in the fight against hunger
21.04.2021  
09:53 NBU sends UAH 24.4 bln of profit to state budget
20.04.2021  
11:50 Vietnam. Soybean meal demand for feed use is forecast to increase in MY2021/22 as the swine herd repopulates
16.04.2021  
14:11 NBU raises key policy rate to 7.5%
14.04.2021  
17:10 Brazil Meat Exports Continue to Grow
13.04.2021  
16:25 Coffee is considered a priority crop by the Angolan Government
12.04.2021  
11:20 Brazil Soybean Exports Record Large in March
10:18 Burma Rice Exports Disrupted Amid Coup
08.04.2021  
21:05 Positive cereal crop prospects in 2021
20:35 Global food prices rise for 10th month in a row
04.04.2021  
10:16 A spicy agricultural heritage: theres more to wasabi than meets the eye
02.04.2021  
16:00 Turkey. Cattle numbers to increase 1 percent in 2021 to 18.3 million head - USDA
13:25 Japan To Begin Enforcement of Organic Regulations for Turkey Products
26.03.2021  
13:55 Korea. Overall demand for beef and pork remains strong
24.03.2021  
15:55 Cargill purchases Precision Ag, expanding its Canadian crop inputs business
23.03.2021  
21:28 Ukraine's GDP down by 4% in 2020 statistics
21:15 Green Climate Fund approves $80 million in FAO-led projects in Congo and Jordan
20:31 Ukrainian banks see profit fall by 60% in Jan-Feb - NBU
21.03.2021  
09:49 Business and govt agree to stabilize prices for socially important goods - EBA
16.03.2021  
16:35 Mexicos chicken meat production, consumption, and imports are projected for 2021
10.03.2021  
21:07 India Corn Exports Competitive Regionally
07.03.2021  
23:15 Early estimate points to record 2021 wheat output
22:43 FAO Food Price Index rises for ninth consecutive month in February
04.03.2021  
12:33 BASF achieved its 2020 Palm Commitment
01.03.2021  
11:43 BASF Group: Strong performance in Q4 2020 due to higher volumes and prices
16.02.2021  
11:05 Kernel asks AMCU for permission to buy CascadeAgro, 12 more farms of Khomutynnik
13.02.2021  
18:36 Ukraine: EIB provides 320 million EURO for COVID-19 vaccines and improvements in operational resilience at Boryspil International Airport
11.02.2021  
09:47 Soybean Buyers Turn Attention to Brazils 2021 Harvest
29.01.2021  
11:15 Global orange production for 2020/21 is forecast to rise 3.6 million MT from the previous year to 49.4 million
28.01.2021  
15:20 USDA attache increased its estimate for South Africas 2020/21 MY total corn crop by 14% to 16 million tons
26.01.2021  
17:10 Economy Ministry announces market agreement to limit corn export from Ukraine in 2020/2021 MY to 24 mln tonnes
13:33 China Lowers Applied MFN Tariff Rates and Revises Out of Quota TRQ Rates

Also available: 


NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
Statistics
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
2002 -2021 © Agrarika, ltd.
tel.: +380 44 5934543; +380 44 5934540
e-mail: client@agroperspectiva.com