The onion market in Myanmar is unstable, and prices are falling

Published 2024년 1월 24일

Tridge summary

The onion market is currently experiencing instability with prices on a downward trend for a week now. Prices in rural planting areas are around 2,000 kyats per tuan, while in urban areas, they are about 2,700 kyats. The fall in prices is due to a transportation shortage causing an oversupply of onions. The current market prices range from 2,700 kyats for small onions to 3,300 kyats for large onions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Onion ring trading news, the onion market has been unstable recently and prices have fallen. ​ An onion trader said that the price of onions has dropped recently. The price in rural planting areas is only about 2,000 kyats per tuan, and the price in urban areas is only about 2,700 kyats. In general, the market is unstable. ​ It is reported that onion prices have been falling for a week and there is no upward trend for the time being. ​ Another onion merchant said that the price of rural planting land used to be 2,600 kyats per ton, but now it is 2,000 kyats per ton, which has dropped by 600 kyats per ton. This phenomenon has been happening for a week, and we predict it will continue to fall because of the shortage of transportation lines. The reason is that the onions are somewhat piled up, so there is no upward trend yet. ​ At ...
Source: Foodmate

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