Palm oil price plunges to K4,400 per viss

THE price of palm oil plummeted to K4,400 per viss (a viss is equal to 1.6 kg) at present, following the Kyat revaluation on the US dollar in the local forex market, according to the domestic market.
Agricultural export tops $132.9 mln as of 15 Oct
THE value of agricultural exports has registered US$132.9 million in 15 days of the current mini-budget period (October 2021-March 2022), as per the statistic of the Ministry of Commerce.
Yellow metal price drops below K1.8 mln per tical
THE price of precious yellow metal sank to below K1.8 million per tical (0.578 ounces, or 0.016 kilogrammes), according to the Yangon Region Gold Entrepreneurs Association (YGEA).
Myanma Thanaka selling well during Thadingyut Festival
There are nearly 200,000 acres of Thanaka in Sagaing Region and Ayadaw Township has over 100,000 acres.
Myanmar avocado association to conduct cosmetic course in post-COVID-19 era
MYANMAR Avocado Producers and Exporters Association will offer a cosmetic course with extensive knowledge of cosmetic formulation, manufacturing and marketing based on natural avocado oil, U Myo Nyunt, vice-chair of the association said.
Myanmar’s border trade reaches over $135 mln in mini-budget year
MYANMAR’S trade with neighbouring countries through land borders reached over US$135 million as of 15 October in the mini-budget year of 2021-2022 or transition period from October to March this year, according to figures released by the Commerce Ministry.
Exchange rate on US dollar stands below K2,000
THE exchange rate on US dollar dipped below K2,000 in the local forex market when a US dollar index hovered around 93 points and the Central Bank of Myanmar sold US$30 million to the authorized dealers at its auction rate of K1,800 last Friday (22 October).