As foreign purchasing power increases, Myanmar ginger prices continue to soar

Published 2023년 9월 6일

Tridge summary

The price of ginger in southern Shan State has increased to nearly 7,000 kyats per unit due to Bangladesh's aggressive purchases. Ginger prices have been gradually rising since mid-August, driven by the increased purchasing power of foreign countries. The foreign purchasing power, particularly from Bangladesh, is strong in the ginger market, leading to a scarcity of large pieces of ginger and causing prices to continue rising.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to news from southern Shan State, due to Bangladesh's aggressive purchase, the price of ginger has increased, reaching nearly 7,000 kyats per unit. ​ It is reported that since mid-August, ginger prices have gradually increased due to the increased purchasing power of foreign countries. ​ A ginger merchant in Angban sub-town said that in the ginger market, foreign purchasing power is very strong, and Bangladesh is even more aggressive in purchasing. There are not ...
Source: Foodmate

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