A bean wholesale shop is seen in the Yangon market.

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A bean wholesale shop is seen in the Yangon market.

In the Yangon bean market, prices of four types of beans declined on 30 November and the black gram FAQ/RC rose to above K1.7 million per tonne on 3 December while the pigeon pea prices reached below K1.9 million per tonne.
On 30 November, the black gram FAQ/RC was priced at K1,690,000 per tonne and SQ at K1,935,000 per tonne while the pigeon pea Red/RC was K1,900,000 per tonne, K2,915-3,000 per tonne of mung bean (Htatesa) and K3,950-4,150 per viss of chickpea. On 3 December, the black bean was K1,725,000 per tonne and K1,965,000 per tonne of SQ/RC, K1,835,000 per tonne of pigeon pea, K2,830-3,000 per tonne of mung bean (Htatesa) and K3,900-4,150 per viss of chickpea, according to the daily market prices of wholesale centres.
The black gram prices reached above K1.7 million per tonne starting on 6 August and it dropped under K1.7 million on 30 November and 1 December and it rose again above K1.7 million beginning 2 December.
The pigeon pea price was under K1.9 million per tonne between 11 and 25 November and it reached K1.9 million and above between 28 November and 2 December.
However, it declined under K1.9 million on 3 December. The price of mung bean (Htatesa) was K3,165-3,335 per viss on 29 October, K3,000-3,170 on 1 November and K3,000-3,085 on 10 November. It was only K2,915-3,000 on 30 November.
The price of chickpeas was K4,150-4,350 per viss on 11 November and only K3,950-4,150 recently.
On 30 November, the sales of beans in the Yangon market were five containers of black gram FAQ, 10 containers of black gram SQ while 20 containers on 28 November and five containers on 29 November. The sales were totally silent on 26 November. The black gram and pigeon pea transactions were also at a standstill on 1, 2 and 3 December.
On 24 November, the FOB bean prices were US$735-755 per tonne of black gram, $860-880 per tonne of SQ, and $790-810 per tonne of pigeon pea FAQ. Between 28 and 30 November, prices were $730-750 per tonne of black gram FAQ, $850-870 per tonne of SQ and $790-810 per tonne of pigeon pea FAQ.
Between 1 and 3 December, it was $725-745 per tonne of black gram FAQ, $820-840 per tonne of SQ and $780-800 per tonne of pigeon pea FAQ.
The new black gram and pigeon peas are entering markets and prices are changing in the Yangon market daily. The countryside markets make sales depending on the daily market prices of Yangon, said bean merchants from Hinthada Township. — TWA/KTZH

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