The betel market in Myanmar is slightly declining due to the increase in betel exports to Thirimingalar Market

Published 2021년 12월 7일

Tridge summary

The betel market in Ayeyarwaddy Region is experiencing a decline due to a rise in exports to Thirimingalar Market in Yangon Region. The increase in exports has led to a surplus in the market, resulting in lower prices. High-quality betel leaves, which fetched over 100,000 kyats per ten hours last year, now only fetch between 70,000 and 80,000 kyats. The wholesale price of betel leaves varies based on quality, ranging from 4,000 kyats to 8,000 kyats per pound.

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Original content

According to market experts, the betel market in Ayeyarwaddy Region is declining slightly due to the increase in betel exports to Thirimingalar Market in Yangon Region. From our area to Yangon, The betel leaf market exporting to Thirimingalar Market has cooled down a bit. The price is not so good because the betel exports to Thirimingalar market are high. Every year, farmers realize that they can get good prices at this time, so they balance the market. As almost all non-flooded areas in Ayeyarwaddy Division are now cultivating betel leaves, prices have plummeted and prices have fallen. Ayeyarwady Region Min Lwin, a betel farmer in Nyaungdon Township, said. 2020 This season, high quality betel leaves cost more than 100,000 kyats per ten hours. This year, high quality betel leaves fetch between 70,000 and 80,000 kyats per ten hours. This is the price of the best quality betel nut. The main export to Thirimingalar Market at this time is Pantanaw Kwan. ပန်းတနော်၊ ကျောင်းကုန်း၊ ဟင် သာ ...

Source: Greenwaymyanmar