Myanmar: Inlay Lake flooding drives tomato prices to record highs

Published 2024년 6월 15일

Tridge summary

Tomato farmers in Myanmar have seen record high prices for Inlay tomatoes due to flooding at plantation sites around Inlay Lake in Shan State, causing reduced yields. The price per basket of tomatoes has risen significantly, from 30,000 to 40,000 kyats in April to 90,000 kyats by mid-June. The increased costs of cultivation have resulted in fewer farmers planting tomatoes this year, with only a small number profiting from the higher prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On June 13, tomato farmers reported that the price of Inlay tomatoes has surged to a record high due to reduced crop yields caused by flooding in the tomato plantations of Inlay Lake in Nyang Shwe Township, Shan State (South). During the summer, the fields suffer damage from heat, and in the rainy season, rising water levels flood the tomato plantations, leading to decreased yields. As a result, tomato prices have reached their highest levels in years. In April, when crop yields were low, Inlay tomatoes were priced between 30,000 to 40,000 kyats per basket (30 visses). By May, prices had risen to about 50,000 kyats, reaching 65,000 kyats in early June. On June 8, the price ...

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