Myanmar: The domestic green bean market is doing well as China is allowed to buy green peas from the end of March

Published 2020년 12월 27일

Tridge summary

Farmers in Magway Division have reported mixed experiences with crop markets during the COVID-19 pandemic, with the green bean market remaining strong despite a decline in sesame prices. This resilience has allowed farmers to find profit in growing sesame, even during a period of low market demand. The high demand for green beans is attributed to significant quotas from India and China's consistent purchases, albeit at varying prices. Indian imports of pulses are expected to reach 300,000 tonnes by 2021, further supporting the green bean market. Farmers in the area have also been growing green peas since May, with crops expected to appear in August.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Farmers in Magway Division said that despite the decline in the sesame market during the COVID period, the green bean market was good and farmers are now resilient. Green peas are a good market for this year. It is convenient for us farmers to work. Other crops are not even sold for monsoon and are stored as they are. Unlike in the previous Kovis period, there was no market for pulses in previous years. Growing sesame was worth it. With Kovis, sesame prices fell and the green bean market improved. I have to eat because of a green bean. I do not know why the market is so good. As far as I know, green peas are getting a lot of quotas from India this year. China buys every year, but they buy at whatever price they like. The price of green peas changed from the year India bought them. Magwe Division Minbu Township Myo Thiha, a farmer from Theikone village, said. Magway Division Green bean sales in the area around Minbu Waist There are three levels of quality: low quality, low price, ...

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