Myanmar pulses sector decreases in production and in price

The unstable situation in Myanmar is threatening the agricultural export sector. Myanmar is the world’s second-largest exporter of pulses, after Canada, and the produce is cultivated by about 3 million farmers. Since the military coup, international buyers have reduced their pulse stocks and funds in Myanmar, signed fewer new contracts, and offered less attractive terms. Exporters expect less production and a decrease in the price of pulses like butter bean, black gram bean, and mung bean.