Myanmar: This week, red bean curd March pea prices continue to fall (between February 19 and 23)

red bean March pea prices have continued to decline so far this week, while green bean prices have remained stable. This week, we see that the prices of red beans have dropped again. On February 14, due to some changes in the export revenue, the price of red bean has decreased since last week. This week, the price of red bean is 3830,000 kyats per ton in the Yangon market, and the price of one ton of red bean is 135,000 kyats. Similarly, in the Mandalay market, the price of a bag of red beans is 365,000 to 366,000 kyats, and the price has dropped by 12,000 kyats in a week. However, because India needs Burmese cowpea for their country's food, the cowpea market depends on India's demand for good prices. Some traders predict a return to the upside. In March, the prices continued to decrease. Similar to the soybeans, mung bean is an export type of bean, so the prices are continuously decreasing due to the impact of the export revenue policy. However, there is a demand for Myanmar mung ...