Myanmar pepper market could improve

Published 2021년 8월 16일

Tridge summary

The article highlights an anticipated improvement in Myanmar's pepper export market, with expectations of a recovery in pepper prices. Daily shipments are back to 7 12-wheeler trucks, with current prices at 1,100 kyats in Myawaddy. The market prefers the hot pepper Tamo 11 and the trade is also including Greens and 692 Chili 777. Natural disasters in China, a major buyer, could lead to a decrease in pepper cultivation, potentially increasing demand for Myanmar pepper. Farmers are preparing for an increase in orders as winter approaches in China, which will make pepper cultivation challenging.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to pepper market experts, the potential of Myanmar's pepper export market is likely to improve. Pepper prices are likely to recover. There are 7 12-wheeler trucks coming out every day. Now, the price of pepper in Myawaddy is 1,100 kyats. When Kyaukse pepper was cut off a little, the trade was back on the Yamethin side. Greens are also going from the Nay Pyi Taw side of the hill. The Malaysian side likes Tamo 11, a hot pepper that is currently hot. 692 Chili 777 Star Hot Gold Star Rice is also being traded. Said Daw Ohmar Kyaw, chairwoman of the Myanmar Chili Market and Technology Development Association. Natural disasters in China, one of the major buyers of Burmese pepper, could lead to a decline in pepper cultivation. Impact on Myanmar pepper market Floods on the Chinese side could destroy crops. They consider that the acreage of pepper cultivation will decrease. Another thing is that winter is coming. In winter, it is too cold in China to grow pepper. As a result, ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.