Myanmar 5% WR prices hit nine-month high on Philippine demand

Myanmar’s 5% broken white rice prices reached their highest level in over nine months on April 10, supported by strong demand from the Philippines and sustained high local production costs linked to the ongoing Middle East conflict, according to market sources. Platts, part of S&P Global Energy, assessed Burmese 5% WR at $365/metric ton FOB on April 10, a $10/mt increase week over week, markingMyanmar’s 5% broken white rice prices reached their highest level in over nine months on April 10, supported by strong demand from the Philippines and sustained high local production costs linked to the ongoing Middle East conflict, according to market sources. Platts, part of S&P Global Energy, assessed Burmese 5% WR at $365/metric ton FOB on April 10, a $10/mt increase week over week, markingRead More