Tridge summary
Since the end of July, sesame prices in Myanmar have been on a steady rise, with black sesame reaching a record high of over 680,000 Kyats per bag. This increase is attributed to strong purchasing power, reduced inventory of cold-season sesame, and planting area damage due to July floods, which have led to a decreased yield. As a result, the market is actively trading hot-season sesame. The prices in the Mandalay market on August 15 were 600,000-680,000 Kyats for black sesame, 470,000-475,000 Kyats for white sesame, and 380,000-390,000 Kyats for brown sesame, all showing an increase of over 60,000 Kyats per bag compared to the previous month.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Since the end of July, the price of sesame has been rising slowly, and the price of black sesame (Smon) has risen to a record high of more than 680,000 Myanmar Kyats per bag. On August 15, black sesame and white sesame received excellent prices due to strong purchasing power. Due to the reduction in the inventory of cold-season sesame, the trading of hot-season sesame is active. It is understood that in July, due to floods in some sesame producing areas, sesame planting areas were damaged and the yield decreased, thus the price of sesame rose. On August 15, in the Mandalay market, the price of black sesame (Smon) 3 baskets 1 bag was 600,000-680,000 Myanmar Kyats, the price of white sesame ...
Source: Foodmate
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