Bell pepper price on rising at K30,000 per viss

On 27 October, the wholesale price of bell pepper from delta regions rose to K30,000 per viss in the Bayintnaung Chilli Market, according to the Seinpanlan Chilli Wholesale Centre.
On 15 October, the bell pepper was priced at K20,000 per viss while K22,000 per viss on 18 October, K25,000 per viss on 20 October and K30,000 per viss on 27 October. On that day, the zee bell pepper and Seinsar bell pepper were priced at K21,000 per viss.
The Shanbuusoe new bell pepper entered the market. The new long chilli pepper is K18,000 per viss and K16,500 per viss of the new Moe Htaung chilli pepper. In the new season of bell pepper from the delta region, it was only K7800-8000 per viss. The sizes of bell pepper priced at K30,000 per viss are similar to lemons.
The people choose zee bell pepper and Seinsar bell pepper which are lower by K10,000 than the price of bell pepper processed in cold storage from the delta region. As the delta bell pepper prices are higher, the sales also decline at most of the Bayintnaung chilli wholesale centres. The centres that sell bell pepper processed in cold storage have good transactions.
The colour of bell pepper processed in cold storage changes in colour if they are kept outside for a long time and so people take out only the needed amount to sell. The new bell pepper from the delta region entered the Yangon chilli market in mid-March at K8,000 per viss.
The service charge for keeping the cold storage is K75 per month and it costs only K600 for about seven months.
During these months, the prices become higher and they reached K20,000 per viss and K30,000 per viss in October. It can get good prices as the people can keep the colour and quality.
The rice, cooking oil, onion and chilli prices hit a record high this year and the price of chilli becomes three times its original price. If the new bell pepper from the delta region kept in cold storage is sold this month, it can make a K20,000 profit per viss.
The consumers can reduce the chilli consumption rate so they do not worry about the increasing prices of chilli like other daily foodstuffs such as rice and cooking oil.
He has never heard the record high of rice, cooking oil, onion and chilli in mid-2022 throughout his working days, said 80-year-old merchant U Yi Tun from Lanmadaw Township. — TWA/GNLM