Political Instability Prevents Dried Mung Bean Exports

Dried mung bean price in Myanmar dropped by -31.4% WoW to MMK 35,000/basket in W4 May-22. Myanmar's political issue led potential buyers to halt the import of dried mung beans and led to the dropped price. The conflicts are likely to impact the dried mung bean industry in the global market as Myanmar has over 50% market share in dried mung bean export.