Myanmar: Pulses prices and prospects in a week, pulses prices decline after Indian purchase renewal

Published 2022년 4월 1일

Tridge summary

Chickpea prices have slightly decreased this week due to high pulse prices and low imports. The decline accelerated after India extended its pulse export licenses for a year to control price and ensure domestic sufficiency. Despite the extension, prices are not expected to drop significantly due to higher currency values. Red bean prices have also seen a slight increase and decrease, with domestic stockpiles being low and Indian production expected to decrease.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The price of chickpeas also dropped slightly this week. Despite the high price of pulses, the price did not fall much due to low imports. Pulses prices fell again when India extended the export license to one year. India has announced an extension of the export ban to ensure domestic sufficiency and price control. According to the Giant Trade Center, pulses prices are currently falling, but are unlikely to fall much due to higher currency prices. Domestically, some traders have speculated that higher prices could lead to a drop in recent bean sales and a rise in prices. However, since the export period is one year, the current price of pulses may be lower at the time of harvest, but we will have to wait and see if the price of pulses falls. Red bean prices rose slightly during the week compared to last week, but fell slightly after the one-year extension of Indian exports. There is also a slight cooling ...

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