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 >

30.07.2021  
15:15 CNH Industrial. Consolidated revenues of $8.9 billion (up 60% compared to Q2 2020), net income of $699 million
28.07.2021  
12:17 BASF with very strong second quarter supported by higher prices and volumes
24.07.2021  
10:36 Ethiopia: Worlds Third‐Largest Arabica Coffee Producer
23.07.2021  
10:49 U.S. Production and Exports Forecast Down Despite Global Gains
16.07.2021  
15:06 Global pork production for 2021 is revised up nearly 4 percent to 105.1 million tons
12:50 Global Soybean Trade Slows on Weaker China Demand
14.07.2021  
13:45 UN report: Pandemic year marked by spike in world hunger
11:00 Australia to Expand Wheat Exports as North America Faces Tighter Supplies
10:37 Philippines Pork Imports Expected to Reach Record Levels
08.07.2021  
15:12 World cereal inventories expected to rise for the first time since 2017/18
13:15 Global food prices fall for the first time in 12 months
06.07.2021  
12:30 ASTARTA Exported the First Batch of Organic Products
30.06.2021  
18:05 Turkey. In MY 2020/21, orange production is estimated to decrease 1.3 million MT
29.06.2021  
11:55 Tetra Pak to invest 100 million to expand European manufacturing for more sustainable solutions
25.06.2021  
17:17 FRESH APPLES. World production for 2020/21 is projected down 3.6 million tons to 75.9 million
24.06.2021  
13:05 Vattenfall to sell 49.5% of the offshore wind farm Hollandse Kust Zuid to BASF
17.06.2021  
12:30 Minister Bozukov: Environmental commitments in agriculture need adequate economic incentives
16.06.2021  
10:52 U.S. Corn Exports at a New High for 2020/21
09.06.2021  
17:05 Iraq Issues Decisions to Restrict the Movement of Wheat and Barley
16:37 Case IH Introduces New Planter Tech, Applicator Configurations
04.06.2021  
13:46 World cereal markets heading towards a record production in 2021/22 but only a marginal increase foreseen for stocks
03.06.2021  
14:29 Japan. The tariff-rate quota volumes for butter at 6,400 MT and NFDM at 750 MT for JFY 2021
12:25 Burma. Wheat consumption is forecast to decrease in 2021 due to economic contraction and cash shortages post-coup
09:25 Pests destroy up to 40 percent of global crops and cost $220 billion of losses
01.06.2021  
10:55 Tetra Pak's optimal integrated solution helps cut water usage and carbon emissions for the dairy sector
31.05.2021  
11:53 European Union sugar production is forecast 7 percent higher to 15.8 million tons
26.05.2021  
13:02 Sugar Production Up Globally in 2021/22, Stable in the United States and Mexico
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

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