Philippines emerges as key buyer of Myanmar rice as Vietnam prices stay high

The Philippines’ buying interest has shifted to Myanmar rice in recent weeks as elevated Vietnamese prices have prompted importers to diversify sourcing and seek alternative varieties that match local preferences, sources told Platts, part of S&P Global Energy, June 8. The emerging interest has supported Myanmar export prices amid limited availability, though market participants are uncertainThe Philippines’ buying interest has shifted to Myanmar rice in recent weeks as elevated Vietnamese prices have prompted importers to diversify sourcing and seek alternative varieties that match local preferences, sources told Platts, part of S&P Global Energy, June 8. The emerging interest has supported Myanmar export prices amid limited availability, though market participants are uncertainRead More