Oil prices are expected to fall below 6,000 kyat despite the falling palm oil prices in Myanmar

게시됨 2022년 3월 25일

Tridge 요약

Palm oil prices in Myanmar are expected to remain above 6,000 kyat due to the upcoming Thingyan festival, despite a decrease in prices in importing countries. The Oil Traders Association has set the wholesale reference price for palm oil at 5,660 to 6,375 kyats from March 21 to 27, and the current wholesale price is trading at 6,300 to 6,500 kyats. The prices of peanut oil and sesame oil have also decreased due to falling oil prices. The prices of these oils are expected to remain stable based on local demand, while palm oil prices may fluctuate due to exchange rates.

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원본 콘텐츠

Oil traders say palm oil prices could not fall below 6,000 kyat as the Thingyan festival approaches despite the influx of palm oil. Domestic palm oil prices have been falling since last week due to falling palm oil prices in importing countries. The Oil Traders Association announced that from March 21 to 27, the wholesale reference price will be 5,660 to 6,375 kyats. As of today, March 25, the wholesale price is trading at 6,300 to 6,500 per pound. As of March 22, the oil traders' association has been selling oil at 6,700 kyats per pound, and currently it is selling at 5,800 kyats per pound. Falling peanut rice prices; Peanut oil prices fell as well as sesame oil prices fell due to falling oil prices. Peanut oil has dropped by about 1,000 per pound, and the wholesale price is currently between 7,500 and 8,000 per pound. The price of sesame oil is between 7,000 and 7,500 per pound. ...

출처: Greenwaymyanmar