Myanmar: The prices skyrocket due to orders from some foreign countries for fresh chillies

Published 2021년 12월 5일

Tridge summary

Prices of peppers in Burma have surged due to demand from foreign countries, particularly Thailand, leading to a shortage. The current wholesale price of fresh chillies is around 4,000 kyats per pound, up from 1,200/1,300 kyats per pound in November. The increase in prices comes at a time when heavy rains have damaged pepper crops, increasing production costs and adding to market uncertainty.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to pepper market experts, prices have skyrocketed due to orders from some foreign countries for fresh chillies. In recent days, pepper prices have risen due to the presence of overseas buyers. We are mainly buying from Malaysia. I heard that there is a demand for pepper in Thailand as well. Due to this demand, there is no pepper in Burma. There are no peppers from our area yet. April Some of the fields that were planted in May were also destroyed. Heavy rains cause plant diseases. If there is any fruit left now, there will be some left on the Maupin side. Even so, the fruits are not very big. Mandalay Region Myittha Township Ko Myint Tun Oo, a commercial pepper grower from Ywa Khaing Gyi village, said. 2021 Around November 15, the wholesale price of green chillies was 1,800 kyats per pound. The wholesale price of fresh chillies was 1200/1300 kyats per pound. This week, the wholesale price of green chillies is around 1,800 to 2,000 kyats per pound. The wholesale price of ...

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