Five pulses destined for Monywa Commodity Exchange at end-Nov

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Every year at this time, the farmers conveyed about 500 bags of sesames to the commodity depot daily. But this year, only about 200 bags are transported to the depot.

The five pulses are destined for Monywa Commodity Exchange at the end of November, said U Tin Ko Ko, the information officer of the Monywa Commodity Exchange.
“We can get five varieties of pulses in Monywa depot, including green gram and newly-harvested sesame. There are 30 varieties of pulses. But, five pulses have already been harvested so far. Later, the new pigeon pea will be harvested very soon. About 30 varieties of pulses will be yielded and entered the market at the end of February,” he added.
Currently, the price of sesame seeds is remaining upward trend on low yield. The price of black sesame stood at K78,000 per viss, while the price of another variety sesame is priced at K46,000 per viss.
The price of sesame has been rising sharply starting last month. The price of other verity sesame has increased to K50,000 per viss from K35,000 per viss. The price of black sesame has also risen to K80,000 per viss from K58,000 per viss. The black sesame is yielded from the northern part of Monywa, the southern part of Budalin, the western part of ChaungU and Yinmabin townships.
“The black sesame is strongly demanded by China. The country exported black sesame to China through Mandalay. About 3,000 bags of black sesame are being sold at the Monywa commodity exchange daily. Every year at this time, the farmers conveyed about 500 bags of sesames to the commodity depot daily. But this year, only about 200 bags are transported to the depot,” said U Tin Ko Ko.
The price of green grams in the market has increased when India purchased green grams, pigeon pea and black bean from Myanmar constantly.
“The green gram from Budalin and Mingin townships is conveyed to Yangon market and China. India is also the main buyer of Myanmar beans, especially black bean, green gram and pigeon pea. The green gram price stood at K3,8000 per bag containing 19 visses. It rose to around K42,000 per bag within one month,” said U Tin Ko Ko. — Lu Lay/GNLM

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