Strong domestic, foreign demand elevates chickpea prices in Mandalay

The strong demand from domestic and foreign buyers has driven up nearly harvested chickpea prices in Mandalay, according to a merchant from Mandalay.
The chickpeas have entered the Mandalay market from Kyaukse, Monywa, Sagaing, Patheingyi, Shwebo, Thedaw, and Wundwin townships. The types of chickpeas are classified as V2, V7, 929, Mya Kyaymon, and Bamar chickpeas. At present, the price of V2 three-basket bags is K25,000, V7 three-bushel bag is K250,000, 929, Mya Kyaymon and Bamar chickpeas are priced at K238,000 per bag, and they are in high demand in the market, according to U Soe Win Myint, the owner of Soe Win Myint Wearhouse in Mandalay.
“Chickpeas are in high demand in Mandalay’s market, and they have good sales. At present, over 3,000 bags of chickpeas are continuously entering Mandalay’s market.
The sales are in high demand without decreasing the prices. There are many benefits for farmers this year compared to last year. India, Bangladesh and Pakistan are the biggest buyers of chickpeas.
Chickpeas are the main dishes of the people of Myanmar. Chickpeas provide nutrition with good taste. Chickpeas are mostly grown for domestic consumption, and this year’s yield is good,” he said.
Chickpeas are mainly grown in Mandalay, Sagaing and Magway Regions. These chickpeas are grown as a winter crop for domestic consumption only once a year. At present, the Mandalay bean market is swelling due to domestic and foreign demand. — Min Htet Aung (Mandalay Sub-printing House)/TKO