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Myanmar: The week when rice prices fell

Rice
Dried Common Bean
Published Oct 8, 2022

Tridge summary

With the decline in foreign exchange rates, the prices of pulses continued to fall, and rice, which had remained stable for the past few weeks, This week, the price of rice also went down. This week, the price of rice in the Yangon market has decreased, and the price of rice has also decreased slightly.

Original content

With the decline in foreign exchange rates, the prices of pulses continued to fall, and rice, which had remained stable for the past few weeks, This week, the price of rice also went down. This week, the price of rice in the Yangon market has decreased, and the price of rice has also decreased slightly. In addition to new rain rice entering the market from some areas, prices have also decreased due to the drop in currency exchange rates. As for the rice, it is reported that the market is regular and the transaction is cold. As for March, the price continues to fall. The price of soybeans is falling due to the fall in currency prices, but exports are normal because of Indian purchases. As prices are falling, domestic transactions are said to be cold. As for March, the price has dropped to almost 200,000 per ton in the last month. As for red beans, the price is falling, but the stock is decreasing, so the price is slowly falling. Traders are predicting that the decline is due to ...
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