Myanmar: The opportune time for profit to systematic growers

Published 2021년 10월 15일

Tridge summary

The period from September 2021 until now is the most opportune time for pepper farmers, according to market experts. A six-foot-round pepper plantation can hold over 900 pepper plants per acre. If systematically maintained and cultivated for four years, such a pepper farm can earn over 100 lakhs at the current market price. The profit is due to rising prices caused by high import costs and local stock use. Aung San Oo, administrator of KKO-Pepper, notes that farmers who balance market demand and wait for good market times are making a profit. Pepper has a strong domestic and international market, but few in Myanmar engage in its commercial cultivation.

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Original content

According to market experts, the period from September 2021 until now is the most opportune time for those who have systematically grown pepper. A six-foot-round pepper plantation can hold more than 900 pepper plants per acre. A pepper orchard with that area and water will be systematically maintained and cultivated. If his farming life is four years old, he can earn more than 100 lakhs from that pepper farm at the current market price. In the face of rising prices, those who have systematically grown pepper are right. Aung San Oo, administrator of KKO-Pepper pepper cultivation and pepper value-added production, said. Those who balance the market demand for the pepper crop and those who have kept it waiting for a good market time are making a profit. So far, the price of pepper has risen because of the high cost of importing and the use of local stocks. From the very ...

Source: Greenwaymyanmar