Black gram price remains downtrend

The price of black gram stayed in bear market, according to Ayeya Trade Centre (ATC) under the Myanmar Trade Promotion Organization.
The prevailing price of black gram is approximately K1.79 million per tonne in the domestic market at present. A dollar is exchanged at K2,800 in the unofficial market.
In late August, the dollar against Kyat peaked at K4,500 in the black market. Following that, the black gram price reached a record high of K2.1 million per tonne.
Myanmar sold out over 811,812 tonnes of various beans and pulses worth $637.14 million to foreign trade partners between 1 April and 30 September 2022. The country shipped over 668,092 tonnes of pulses and beans valued $539.626 million to foreign markets by sea, and over 143,720 tonnes valued $97.514 million were sent to the neighbouring countries through land border.
Myanmar exported over 2 million tonnes of various pulses worth US$1.57 billion to foreign trade partners last financial year 2020-2021. The country shipped 1.24 million tonnes of pulses and beans valued at $966.4 million to foreign markets through sea route, and 786,920 tonnes worth $604.3 million were sent to the neighbouring countries through land border.—NN/GNLM