It is betel-growing season in Myanmar but prices are volatile

Published 2021년 6월 30일

Tridge summary

The article highlights the unpredictable prices of betel nuts in Myanmar's Mawlamyine region due to fluctuating supply and demand. The current price is 55 kyats per nut, but it can change daily. The market is currently experiencing high demand due to challenges in traffic and remittances, but export markets are declining. Betel nuts are mainly produced in the Tanintharyi Division and Mon State for both domestic and international markets, especially India. The production of betel nuts is done twice a year, with the first fruit bearing in Waso and the second in the Tagu months. Betel nuts are grown in various areas, including freshwater islands, farms, and rubber plantations.

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

Original content

This is a betel-growing season and betel prices are volatile. Betel traders say it is unpredictable day by day. 2021 According to the market price on June 29, a fresh (mature) betel nut is being traded at 55 kyats in Mawlamyine. Betel nut prices vary from day to day. You can go up a little bit. It can also fall when prices fall. I bought one for the last four days for 60 kyats, but today it is a price. It is unknown at this time what he will do after leaving the post. At the moment, the market is in high demand. Demand is weak. Export markets are declining. Difficulty in traffic; Due to the difficulty of remittances, the goods are piled up in your area. Mon State Phyu Sin Htet, a betel trader from Moulmein Township, said. Most betel nuts from Myanmar are produced in Tanintharyi Division (Ye, Myeik, Dawei) and Mon State (Moulmein, Kyaikto, Taungsoon, Bilin). In addition to the domestic market, they are mainly exported to India. Due to poor export routes during Kovis-19, the ...

Source: Greenwaymyanmar