Myanmar Undercuts Thai Rice on Price
Thai rice exporters are facing increased price competition from Myanmar, which is reportedly undercutting Thai prices in the regional market. The pressure comes as Thailand is simultaneously pushing for Myanmar's reintegration into ASEAN to address labor and market control issues.
Myanmar's B1 and B2 broken rice prices plunged to a 5.5-year low in mid-2025, creating a significant price gap with regional competitors. At $264 per metric ton, Myanmar's rice was trading at a $65 discount to Thai rice, a result of sluggish demand from key markets like China
