Mill Owners With Hold Rice Issues to the Market Demanding Revision of Control Prices.

Rice millers numbering 120 rice processors in  Polonnaruwa,, Anuradha pura, Marandagahamulla, Kekirava, Kantale , Nikarawettiya, Aanamaduwa  and  Tissamagaragama  met on Saturday (11) in Pollannaruwa and decided to demand  revision of   control prices imposed by the Government. They have decided not to release rice stocks in their possession to market  until  a decision is taken pending the  meeting  with President Maithripala Sirisena on Tuesday (14) on this matter, said President of the Maradangahamula Rice Producer’s Association B.K Ranjith.

They said, that the price should be revised as follows.

Nadu                       –  Rs 87 per kilo

Sampa                    –   Rs 90 per kilo

Red raw rice       –   Rs 80 per kilo

In the meantime,  Myanmar  Commerce Minister Dr. Than Myint  held talks with the delegation led by the Srilankan Ambassador in Myanmar K. W.N. D. Karunaratna at his office on January 23^rd and signed a memorandum of understanding  on rice imports . Srilanka has invited  Companies to submit bids for rice  export to Srilanka. Only 10 companies had applied.  Out of this,   we have selected five companies , officials said.  These five Myanmar Companies had tendered to export 50,000 tons of rice  to Srilanka by June 2017.