Changing chilli market dynamics: Demand shifts from cold storage to fresh produce

A chilli trader informed the Global New Light of Myanmar that the demand for high-priced chilli peppers, precisely long chilli and Moehtaung chilli processed in cold storage, has been decreasing with the arrival of new chillies at the Bayintnaung’s chilli market in Yangon.
As of 10 January chilli prices in the Yangon market are as follows: Delta bell pepper was priced at K24,000 per viss, Sinphyukyun bell pepper at K21,000-K21,500 per viss, and the new Sinphyukyun bell pepper on the same day declined to K18,500 per viss. Other chilli prices include Chinese moderate bell pepper at K19,500 per viss, Shan Busoh bell pepper at K11,000 per viss, Thazi bell pepper at K15,500 per viss, and Zee bell pepper at K13,500 per viss. Consequently, the demand for Delta and Sinphyukyun bell peppers processed in cold storage is decreasing, while the demand for new bell peppers is rising.
The average price of new Moehtaung chillies from Pyawbwe, Yamethin, and Thedaw areas is K10,500 per viss, nearly equaling the price of Moehtaung chilli from cold storage (K10,700 per viss). As a result, the demand for the latter is gradually declining. The red long chilli from cold storage is priced at K15,500 per viss, but they lack significant demand in the market since buyers prefer reasonably priced long chillies (both new and old).
On 10 January the red long chilli from the Salin area will be priced at K14,000 per viss, while the Shan long chilli (new) will be priced at K11,500/K11,800 per viss. The price of old long chilli from the Delta region, produced in the 2023 chilli harvesting season, is K7,000 per viss. Consequently, buyers prefer old and new long chillies over cold storage ones. — TWA/TMT

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