In the vegetable market in southern Shan State, Myanmar, the prices of onions, potatoes, tomatoes, etc. have risen

Published 2024년 11월 19일

Tridge summary

The article reports a drastic increase in the prices of onions, potatoes, and tomatoes at the Aungban fresh food market in Lower Myanmar due to a significant imbalance between supply and demand. The surge in onion prices is attributed to fewer supplies, while the high cost of potatoes is a result of severe floods in September damaging planting areas in southern Shan State. The rising prices of these staple foods is posing financial challenges for the public.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the Aungban fresh food market, the price of a bunch of onions was between 2,700 and 3,000 kyats in the first week of November, but in the second week, the price suddenly rose to around 5,000 to 6,000 kyats. A trading station owner said that the main reason was the imbalance between supply and demand of goods in the market, so the price rose. The most difficult thing now is that people are affected by the price increase and their lives are tight. When the supply and demand of any commodity are not equal, the price will rise. Only when the fresh food in Lower Myanmar is on the market, the price may fall. Most people in the fried potato industry in the Aungban area said that there are fewer potatoes entering the market now, so the price is unprecedentedly high, reaching 85,000 kyats per bunch, and even facing a ...
Source: Foodmate

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