Avocado fetches handsome price in domestic market

Avocado traders are doing a roaring trade in the domestic market and the prices move up in the late season as well, said U Myo Nyunt, joint secretary 1 of Myanmar Avocado Producers and Exporters Association.


The domestic market sees dwindling stocks of avocados of local origins. Those are supplied by Chin and Shan states and Py­inOoLwin and Nawnghkio areas. The prevailing prices stand at K35,000-40,000 per 35-viss bag.


“The avocados of local ori­gin fetch a handsome price. They were priced at K28,000-30,000 per bag during the abundant avo­cado season. Now, the stock is decreasing. The price, therefore, goes up to K35,000 per bag on low supply during the near end of the season.


This year, the avo­cado season started earlier than usual. High domestic demand pushed up the prices as well,” he elaborated.


They are mainly sent to Yan­gon and Mandalay big cities and the remaining are delivered to Muse, Lashio and Monywa mar­kets. The traders explore mar­kets through digital platforms as well. – Min Htet Aung (Mandalay Sub-Printing House)/EM