Sesame seeds price rising on Kyat depreciation

THE weaker Kyat and strong demand caused the sesame seed price to remain on an upward trend, Mandalay wholesale market’s price data indicated.
Pigeon pea prices double on extension of import validity period by India
THE price of pigeon pea rose to double in the recent days following the news of extension in the import validity period by India, Mandalay traders said.
Sugar price remains in bull market
THE price of sugar has spiked since April-end, on account of the low stockpile and Kyat weakening against the US dollar in the local forex market.
Myanmar’s foreign trade value drops by $7.39 bln this FY
MYANMAR’S foreign trade value hit over US$27.151 billion till 3 September in the current financial year 2020- 21, declining by $7.39 billion when compared to the same period of last FY, according to the Ministry of Commerce.
Myanmar ships $128 mln worth over 190,000 tonnes of pigeon peas this FY
At present, the price of pigeon pea in India is rising following the relaxation on bean import quota by India.
Ginger price drops due to surplus arrival
Heavy arrivals in the market have led to a steep decrease in the price of ginger, according to the local traders.
Agriculture Dept completes over 149,700 sowing acres of sugarcane in Sagaing Region
During the 2020-2021 growing season, Sagaing Region Agriculture Department targeted 170,200 acreages of sugarcane in the region.