Myanmar: Betel nut prices are rising due to lower yields

Published 2020년 12월 16일

Tridge summary

Betel nut prices in central Myanmar are increasing due to low yields during the rainy season and winter. The market is experiencing an imbalance between supply and demand, with betel leaves reducing in number during the cold season. Prices are expected to rise further in the next two months, potentially reaching over 10,000 kyats per pound in January. The current betel nut market sees share prices ranging from 6500/7,000 kyats to 3,500/4,000 kyats per pound, depending on the grade.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to betel growers in central Myanmar, betel nut prices are rising due to a time when yields are declining. The betel market is good. Because of low yields. During the rainy season, betel plantations in rainy areas are affected by disease and yields are affected. Combined with low yields in winter, they run out. Betel prices have risen due to an imbalance between supply and demand. In winter, betel leaves are reduced during the cold season. It is not as rainy as it used to be. Sagaing Region Monywa District Monywa Township U Win Naing, a commercial betel grower in Nandawan ward, said. Every year, from November to February, betel plantations have low yields. Betel prices are likely to rise further in the next two months. Betel prices are likely to rise further. Because of Kovis. Due to traffic congestion, the price is still low as it has not yet reached all parts of the country. Because the flow of goods is slow. If it goes faster, prices may go up even more. The highest ...

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