China's border gates reopen and green bean prices rise again where traders estimate that rice prices may improve, in Myanmar

Published 2023년 1월 13일

Tridge summary

The article provides an overview of the market prices for various agricultural products in Myanmar, including green beans and rice, as of January 2023. Prices in Yangon's market are stable, whereas in other regions like Mandalay and Monywa, there's an increase in green bean prices. Rice prices remain steady in Yangon, but there's a notable rise in other markets, especially for new rice varieties. In Erawati Market, the price of Pathein Posan rice surpasses 14,000 for 100 baskets, and other paddy rice varieties also see a price hike. The financial year's latter half saw most rice exports to China, Thailand, and Bangladesh, with a slight price increase due to local currency exchange rate fluctuations and increased demand from India. Red bean paste prices have also risen slightly, attributed to higher purchases in India, despite concerns over India's policies and the effect of the local exchange rate on prices.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the Yangon market, the price of green beans (Pago Shwewa, Chran Shwewa, and Whakhema) is between 2,000 and 2,920 per pound, and the price is stable. However, in the Mandalay market, green beans (Aya) are priced between 135,000 to 147,000 per bag (60 pounds) and the price has increased by about 7,000 per bag. In the Monywa market, the price of a basket (20 pounds) is between 36,500 to 46,500 and the price has increased by about 1,000 per bag. In Aung Lam market, the price of one basket (20 pounds) is between 42,000 to 47,500, and the price has increased by about 1,500 per basket. In the Yangon Wa Tan rice market, new rice markets have opened within a week, and according to market reports, there is not much difference between the old price and the old price. In the Yangon bamboo market, Porsan (Nelke, Phapip, Surry Mya, Daydre) sells the price between 55,000 to 60,000 per bag, which is only between 3,000 and 5,000 per bag compared to the old price. The new Shwebo Porsan is priced ...

Source: Greenwaymyanmar