Electricity and fuel are now overwhelmingly the largest disruptions for both mill types, overtaking banking which dominated throughout 2021. Source: IFPRI Myanmar – The Myanmar Strategy Support Program
Understanding the effects of COVID-19 and political instability on crop trade sector
More than 90% of traders reported increased transport costs, up by 74%on average over the past year, driven by fuel price increases of 168%. Source: IFPRI Myanmar – The Myanmar Strategy Support Program
Increasing Consumer Rice Prices during COVID-19 and a Coup Are Driven by Higher Distribution Costs and Violence in Myanmar
More than three-quarters of the world’s extreme poor and nearly one-quarter of the global population live in fragile states. Source: IFPRI Myanmar – The Myanmar Strategy Support Program
Disruptions to the banking sector continue to be salient on rice millers
Nearly half of mills report disruptions in making payments for paddy or receiving payments for rice, and 52 percent of mills consider banking disruptions as the most severe. Source: IFPRI Myanmar – The Myanmar Strategy Support Program
Economic instability on rice milling sector in Myanmar (September 2021)
Rice mills are the most important link between farmers and consumers in the rice value chain. Hence, it is important to monitor the shocks to milling as it will impact both farmers’ incomes and food security of the urban consumers. This is the highligh... Source: IFPRI Myanmar – The Myanmar Strategy Support Program
