Green gram price remains flat in Yangon market unlike other regions

The price of green gram has stayed the same from 8 February at Yangon’s Bayintnaung market unlike other regions.
The downward spiral for black gram and pigeon pea prices continue at present.
The green gram from Pakokku area fetched K2,830-K3,335 per viss on 5 February and green gram of Kayan Shwewah strain was priced at K4,500 on 8 February. The prices remained unchanged after 13 days of market opening. Yet, the green gram prices dip in Kayan area, the figures from that area showed.
The prices stood at K85,000 per 20 viss on 29 January, K91,000 on 1 February, K89,000 on 6 and 13 February, K83,000 on 18 February, K81,000 on 21 February and K79,500 on 22 February, a trader from Kayan area told the Global New Light of Myanmar.
The prices decreased to K185,000 per 56.5 viss of green gram, K280,000 per 60 viss of black gram, K366,000 per 60 viss of pigeon pea on 23 February, indicating a decline of K130,000-K220,000 compared to those recorded on 13 February.
The prices in Yangon market also showed a drastic plunge of around K400,000 per tonne of black gram and K300,000 per tonne of pigeon pea on 23 February. The figures recorded the highest of K3.5 million per tonne of black gram and K4.197 million per tonne of pigeon pea on 5 February.
The black gram, pigeon pea and green gram have low domestic consumption. They are mostly demanded in India.
India is the top pulses importing country from Myanmar. As India’s requirement on pulses to meet the local demand, Myanmar’s pulses prices are expected to stay on high side this year. India extended the free import policy of black gram (urad) and pigeon pea (tur) up to March 2025.
According to a Memorandum of Understanding between Myanmar and India signed on 18 June 2021, India will import 250,000 tonnes of black gram and 100,000 tonnes of pigeon peas (tur) from Myanmar for five consecutive years from 2021-2022 financial year to 2025-2026 FY.
The figures recorded the corresponding period last year showed that the prices were K1.8635 million per tonne of black gram, K2.09 per tonne of pigeon pea, K2,415-K3,915 per viss of green gram. — TWA/KK