News

It is betel-growing season in Myanmar but prices are volatile

Areca Nut
Myanmar [Burma]
Published Jul 1, 2021

Tridge summary

Due to poor export routes during the Covid-19 period, the focus was on the domestic market

Original content

This is a betel-growing season and betel prices are volatile. Betel traders say it is unpredictable day by day. 2021 According to the market price on June 29, a fresh (mature) betel nut is being traded at 55 kyats in Mawlamyine. Betel nut prices vary from day to day. You can go up a little bit. It can also fall when prices fall. I bought one for the last four days for 60 kyats, but today it is a price. It is unknown at this time what he will do after leaving the post. At the moment, the market is in high demand. Demand is weak. Export markets are declining. Difficulty in traffic; Due to the difficulty of remittances, the goods are piled up in your area. Mon State Phyu Sin Htet, a betel trader from Moulmein Township, said. Most betel nuts from Myanmar are produced in Tanintharyi Division (Ye, Myeik, Dawei) and Mon State (Moulmein, Kyaikto, Taungsoon, Bilin). In addition to the domestic market, they are mainly exported to India. Due to poor export routes during Kovis-19, the ...
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