Browse Data and Analysis
Filter
Search Data and Analysis
- 3 results found
- (-) April 2022
- (-) Burma
- (-) Russia
- Clear all
Post forecast Burmese rice exports flat in April due to slow business activities during the long Burmese New Year Holiday, trade inhibiting foreign currency regulations, and high domestic prices.
FAS Rangoon (Post) forecasts Burma’s rice and corn exports larger in MY 2022/23 due to strong demand from African, EU, and ASEAN countries. Post forecasts Burma’s wheat imports down in MY 2022/23 due to low domestic demand, restrictions on buying of foreign currency, and changing import policies.
A number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher.