Salt prices likely to extend rise in coming months

20210114 sskm
The torrential rain in March 2022 damaged the salt yard, resulting in the price rise of K320 per viss (a viss equals 1.6 kilogrammes).

Salt prices are expected to remain high in the coming months, according to salt farmers.
The torrential rain in March 2022 damaged the salt yard, resulting in the price rise of K320 per viss (a viss equals 1.6 kilogrammes).
Erratic weather happened in March. Typically, March is crucial for salt production in April and May.
It takes about ten days to salt. The unseasonal rain hindered salt harvesting and processing. Also, it negatively affected production.
Heavy rain in March and a high fuel rate caused the price to rise.
Additionally, the current salt price is four times higher than the year-ago period. The salt farmers said the shortage of sun-dried salt and raw materials drove the price up.
As a result, the salt prices will continue increasing in May. The shortage of supply is likely to happen, the salt farmers analyzed.
Mon State, the second-largest producer in Myanmar, yearly produces 40,000 tonnes of sun-dried salt, beyond magnesium chloride (MgCl2), iodized salt (I2) and table salt (NaCl).
The 2019-2020 statistics of Mon State salt production businesses showed that there are 14 iodine salt processing plants and one factory each for magnesium chloride (MgCl2) and table salt (NaCl) production, with the production capacity of 60 tonnes of magnesium chloride, 204 tonnes of table salt and 12,132 tonnes of iodized salt. — NN/GNLM

Share this post
Hot News
Hot News