China: Ports are closed and border trade stagnates, Burma's export watermelon prices are cut in half

Published 2021년 7월 19일

Tridge summary

The article highlights a significant decrease in watermelon export prices at the Muse market in Myanmar, with prices dropping by half compared to the previous fiscal year. This decline is largely attributed to the closure of the China-Myanmar border trade ports due to the ongoing pandemic, which has severely impacted the export of Myanmar watermelons to China. The reduced export volumes and increased transportation costs have led to challenges for farmers, prompting the industry association to suggest halving the planting area this year. The article also mentions the impact of the closure on other agricultural exports and the challenges faced by banana farmers due to border closures and truck backlogs.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Myanmar Golden Phoenix News, the export price of watermelon in the Muse market in Myanmar has dropped by half compared with the same period last fiscal year. The export of Myanmar watermelon is very dependent on the Chinese market. The closure of the China-Myanmar border trade port has a huge impact on the export of Myanmar watermelons to China. In previous years, a car of 12 tons of 855 watermelons could be sold for 36,000 yuan. During the epidemic, due to the reduction in output, the price of the whole car even reached 9 About 10,000 yuan. But now, the price of a car of 855 watermelons is only about 13,000 yuan, which is not even enough to cover the transportation cost. The industry association even recommends that the melon farmers halve the planting area this year. Due to the need for epidemic prevention and control, all front-line border ports in northern Shan State have been closed. From April 7, Lao Cai-Yanglongzhai Border Trade Port, Qingshuihe Port, ...

Source: Guojiguoshu