Dried chilli pepper valued at K8,000 per viss on China demand

Dried chilli pepper was offered K8,000 per viss (a viss equals 1.6 kilogrammes) on the back of strong demand by China, said Daw Ohnma Kyaw, chair of the Myanmar Chilli Market and Technology Development Association.
It is the current market price in Yangon. China has proposed a purchase order at present, she added.
“The fresh chilli pepper is currently harvested in Magway, Ayeyawady and Mandalay regions. The price is dropping at the moment, at K2,000 per viss.
If the fresh chilli pepper is dried and stored, the growers will receive a great profit,” Daw Ohnma Kyaw shared her opinion.
Last year, the price of fresh chilli pepper stood at K4,000 per viss, the association stated.
This year, the yield plummeted due to weather impact. Additionally, the number of acreages was reduced as well.
Myanmar’s chilli pepper is primarily conveyed to Thailand and China. Nonetheless, the closure of the major border Muse post between Myanmar and China from 8 July brought Myanmar’s fresh chilli pepper export to China to a halt. Consequently, the chilli pepper produced by the Kyaukse area, which was supposed to be conveyed to China, was shifted to Thailand through the Myawady border post.
It is commonly grown in Ayeyawady, Mandalay and Magway regions and Shan State. The export varieties of fresh chilli peppers are 692, 777, 999, Karta Demon, Sunshine,Tharmo and Lucky One. — NN/GNLM