Betel price drops in last two days despite rise in Thingyan

Although the betel price increased during Thingyan, it dropped in the previous two days, according to betel leaf sellers.


The price of the most common betel leaves per viss rose from K9,000-K10,000 to K20,000 during the Thingyan period.


“The most common betel leaf was sold at K18,000 to K20,000 per viss during Thingyan. In some areas, it went up to K25,000. The price came down after Thingyan by K1,000. For the last two days, the price was K17,000 to K18,000,” said a betel retail shop owner.


Betel price may continue to fall in the later period, according to the market.


“To sell during Thingyan, some retailers from small towns bought betel for four or five days. When the stock ran out, the price shot up. Later, it can only go down. Betel price usually falls during the rainy season. In summer, the price goes up, but not very much,” said a betel retailer from Kyaukse Township. — Thit Taw