IBOV 172,496.87 ▲ 0.68% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.56▼ 0.33% USD/MXN18.63▲ 0.02% USD/CLP985.53▲ 0.13% USD/COP3,304▲ 0.89% USD/PEN3.41▲ 0.01% USD/ARS1,548▲ 0.15% USD/UYU40.52▲ 3.70% USD/PYG6,174▲ 1.84% USD/BOB11.63▲ 0.92% USD/DOP60.77▲ 0.61% USD/CRC446.01▲ 1.66% USD/GTQ7.64▲ 3.18% USD/HNL26.90▲ 0.20% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.33% USD/TTD6.72▲ 2.23% EUR/BRL6.17▼ 0.13% BRENT 93.23 ▲ 1.90% WTI 87.58 ▲ 1.79% IRON ORE 161.91 — — COPPER 6.27 ▲ 0.76% GOLD 4,022 ▼ 0.20% SILVER 52.26 ▲ 2.27% SOY 1,226 ▲ 0.12% CORN 445.25 ▼ 0.84% WHEAT 592.75 — 0.00% COFFEE 264.05 ▼ 2.71% SUGAR 18.40 ▲ 1.71% ORANGE JUICE 145.75 ▼ 0.68% COTTON 82.64 ▲ 5.02% COCOA 5,080 ▲ 7.13% BEEF 219.20 — 0.00% CATTLE 332.33 ▲ 0.60% LITHIUM 61.12 ▲ 1.90% PETR4 43.78 ▼ 2.60% VALE3 64.75 ▼ 0.08% ITUB4 41.98 ▲ 1.89% BBDC4 14.59 ▲ 0.34% ABEV3 15.84 ▲ 0.32% BBAS3 17.11 ▲ 0.06% B3SA3 14.84 ▲ 2.49% WEGE3 51.35 ▲ 0.79% PRIO3 61.27 ▲ 2.08% SUZB3 54.56 ▲ 0.18% RENT3 30.65 ▲ 2.89% AZZA3 15.33 ▲ 4.07% CSAN3 2.81 ▲ 4.85% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 — 0.00% GMAT3 3.99 ▲ 4.72% PSSA3 46.41 ▼ 0.56% CVCB3 0.89 ▲ 3.49% POSI3 3.29 ▲ 4.44% SLCE3 17.09 — 0.00% NATU3 5.60 ▲ 0.90% BRKM5 2.96 ▲ 1.37% RANI3 8.54 ▲ 1.07% CSNA3 4.47 ▲ 2.05% IBOV 172,496.87 ▲ 0.68% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.56 ▼ 0.43% USD/MXN 18.62 ▼ 0.00% USD/CLP 983.75 ▼ 0.05% USD/COP 3,299 ▲ 0.77% USD/PEN 3.41 ▲ 0.01% USD/ARS 1,549 ▲ 0.18% USD/UYU 40.52 ▲ 3.70% USD/PYG 6,174 ▲ 1.84% USD/BOB 11.63 ▲ 0.92% USD/DOP 60.69 ▲ 0.48% USD/CRC 446.01 ▲ 1.66% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.90 ▲ 0.20% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.33% USD/TTD 6.72 ▲ 2.23% EUR/BRL 6.16 ▼ 0.21% BRENT 93.23 ▲ 1.90% WTI 87.58 ▲ 1.79% IRON ORE 161.91 — — COPPER 6.27 ▲ 0.76% GOLD 4,022 ▼ 0.20% SILVER 52.26 ▲ 2.27% SOY 1,226 ▲ 0.12% CORN 445.25 ▼ 0.84% WHEAT 592.75 — 0.00% COFFEE 264.05 ▼ 2.71% SUGAR 18.40 ▲ 1.71% ORANGE JUICE 145.75 ▼ 0.68% COTTON 82.64 ▲ 5.02% COCOA 5,080 ▲ 7.13% BEEF 219.20 — 0.00% CATTLE 332.33 ▲ 0.60% LITHIUM 61.12 ▲ 1.90% PETR4 43.78 ▼ 2.60% VALE3 64.75 ▼ 0.08% ITUB4 41.98 ▲ 1.89% BBDC4 14.59 ▲ 0.34% ABEV3 15.84 ▲ 0.32% BBAS3 17.11 ▲ 0.06% B3SA3 14.84 ▲ 2.49% WEGE3 51.35 ▲ 0.79% PRIO3 61.27 ▲ 2.08% SUZB3 54.56 ▲ 0.18% RENT3 30.65 ▲ 2.89% AZZA3 15.33 ▲ 4.07% CSAN3 2.81 ▲ 4.85% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 — 0.00% GMAT3 3.99 ▲ 4.72% PSSA3 46.41 ▼ 0.56% CVCB3 0.89 ▲ 3.49% POSI3 3.29 ▲ 4.44% SLCE3 17.09 — 0.00% NATU3 5.60 ▲ 0.90% BRKM5 2.96 ▲ 1.37% RANI3 8.54 ▲ 1.07% CSNA3 4.47 ▲ 2.05%
since 2009
Wednesday, November 11, 2026

Myanmar Surpasses Afghanistan in Opium Production

By · · 2 min read

In 2023, Myanmar overtook Afghanistan as the world’s largest opium producer, a United Nations report reveals.

Afghanistan’s production fell dramatically following the Taliban’s prohibition of poppy cultivation, decreasing to 330 tons.

Meanwhile, Myanmar’s output reached 1,080 tons, significantly impacting its economy, contributing up to 4.1% of its GDP.

Free daily brief — no card needed
Get every Crypto story in one morning email
We build you a personalized brief around the topics you follow — free for 7 days. Love it? Your first month after that is US$1.

Myanmar’s increase in opium production aligns with growing instability and conflict since the 2021 military coup.

The shift to poppy cultivation reflects economic pressures on local farmers.

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Petrobras to pay shareholders US$2.7 billion”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

The United Nations Office on Drugs and Crime (UNODC) notes this production level as the highest in over two decades, with advanced cultivation techniques improving yields.

Shan State is Myanmar’s main opium-producing region, comprising 88% of its poppy fields. Recent intense conflicts in the area have further complicated the situation.

Myanmar Surpasses Afghanistan in Opium Production.
Myanmar Surpasses Afghanistan in Opium Production.

In contrast to Myanmar’s surge, neighboring Laos and Thailand haven’t shown similar increases, highlighting Myanmar’s unique position in regional opium production.

Afghanistan’s dramatic reduction emphasizes the influence of governmental policies on drug cultivation trends.

The economic reliance on opium in Myanmar underscores the urgent need for alternative economic opportunities to shift away from illicit crops.

This progress poses major challenges for local anti-drug efforts, demanding diverse strategies that combine law enforcement, economic growth, and regional collaboration.

Myanmar’s instability prompts illicit activities, emphasizing the need for comprehensive approaches to address drug supply and demand.

Live Market IntelligenceCrypto — Live Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.

Rio Times · Live Market Intelligence

Crypto — Live Market Board

Digital assets
Nov 11, 2026 · 12:36

Bitcoin · benchmark
73,488
-0.32%
L 73,264day rangeH 74,033

-28.63% over 12 months

Market breadth · 17 names
82% advancing

14 ▲ advancing3 declining ▼

Currencies, rates & key inputs
Ethereum
2,052
+0.09%

Solana
83.75
+0.59%

Gold
4,022
-0.20%

USD / BRL
5.56
-0.43%

Full instrument board
Instrument Last Change YoY Prev. High Low Volume
BTC 73,488 -0.32% -28.63% 73,720 74,033 73,264 27,295,113,216
ETH 2,052 +0.09% -39.90% 2,050 2,069 2,042 11,469,863,936
SOL 83.75 +0.59% -45.79% 83.26 84.63 82.41 2,503,671,808
XRP 1.06 +0.08% -55.83% 1.06 1.07 1.05 2,223,672,320
BNB 679.67 +0.01% -29.07% 679.59 683.20 676.41 1,237,665,024
ADA 0.18 +1.84% -68.20% 0.17 0.18 0.17 214,773,776
DOGE 0.07 +0.13% -60.44% 0.07 0.07 0.07 553,262,400
AVAX 8.54 +2.03% -49.81% 8.37 8.71 8.37 304,355,936
LINK 10.33 +0.50% -32.49% 10.28 10.41 10.24 200,382,960
DOT 0.87 +2.81% -71.62% 0.84 0.87 0.83 71,377,208
LTC 50.94 +0.52% -48.92% 50.68 51.33 50.41 201,317,520
BCH 229.66 -0.47% -54.56% 230.74 232.32 227.80 152,381,824
TRX 0.32 -0.35% +6.62% 0.32 0.32 0.32 323,891,520
XLM 0.15 +3.71% -46.72% 0.14 0.15 0.14 126,165,568
HBAR 0.07 +1.29% -62.62% 0.07 0.07 0.07 40,865,168
NEAR 3.72 +3.67% +45.92% 3.58 3.79 3.56 735,719,680
ATOM 1.42 +1.65% -51.67% 1.40 1.44 1.39 27,530,594
AAVE 122.62 -0.69% -40.90% 123.48 125.25 122.22 172,589,504

Largest moves today
XLM
0.15
+3.71%
NEAR
3.72
+3.67%
DOT
0.87
+2.81%
AVAX
8.54
+2.03%
ADA
0.18
+1.84%
ATOM
1.42
+1.65%
HBAR
0.07
+1.29%
AAVE
122.62
-0.69%

The session read
The Bitcoin eased 0.32%, with breadth positive — 14 of 17 names higher. XLM led, while AAVE lagged.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.