Myanmar: The price of garlic has risen to 11,000, so there is little demand in the market

Published 2024년 6월 21일

Tridge summary

The article reports a decrease in the price of red beans to record lows in both the Chennai and Yangon markets due to low purchase of bean separators in India and post-festival demand drop for chickpeas. The price of soybeans in India is expected to rise due to decreased yield. Domestic bean imports are normal, but foreign imports are slightly lower, leading to an increase in the price of Canadian soybeans. Garlic prices have also decreased in the Mandalay market. Additionally, the article mentions that sales are not good in the retail market as buyers are only exchanging 10 kyats instead of the usual 20 kyats.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The price of red bean, which had risen to a record, has fallen again. It is reported that the purchase of bean separators is low because the price is falling in India. According to the traders, it is cold in the current market. There are predictions that the price of soybeans in India will still be higher due to the decrease in yield. In the Chennai market of India, one ton of red kidney beans is 11,400 rupees, compared to last week, the price has decreased by 100 rupees. In the Yangon market last week, one ton of red kidney beans was 4,640,000 kyats. 4,590,000 per ton on Monday, 4,625,000 per ton on Tuesday; On Wednesday, the price is 4,585,000 kyats per ton, and on Thursday, the price is 4,530,000 kyats per ton. Compared to last week's Friday, the price has decreased by 110,000 kyats per ton. Chickpeas, which were slightly higher last week, have cooled down after the festival, so the prices have also decreased. At present, there are only normal buyers and the trading is cold. ...

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