Increasing India’s beans demand lowers Matpe stock in Mandalay market

Matpe MDN
Photo: MDN

India’s huge demand for beans has resulted in a low Matpe stock in Mandalay market, according to Mandalay commodity wholesale centre.

As a result, Matpe and pigeon pea have fetched good prices in Mandalay market

“Demand from India has been steadily increasing. The old stock of Matpe was quite low in Mandalay market,” said a spokesperson from the commodity wholesale centre.

There are pre-purchases for export by sea scheduled for January and February next year.

From 1 April to 17 November this financial year, more than 1million tonnes of beans and pulses including Matpe and pigeon pea were exported, generating export earnings of US$ 850 million, according to statistics of the Ministry of Commerce.

Htet Oo Maung/ZS




Share this post
Hot News
Hot News
Mobile lottery ticket sellers need to seek permission
Research to be continued for conservation in rest ancient complexes
Traditional spirit propitiation ceremony on the decline despite more new blood
DISI-registered private industries reach 47,894 by end of May
10th International Day of Yoga10th International Day of Yoga celebrated celebrated
Maha Samaya Day celebrated at Shwedagon, Kaba Aye pagodas
10th International Day of Yoga celebrated in Nay Pyi Taw
Tea gathering meeting of ASEAN Ladies Circle-Beijing held
DPM MoFA Union Minister embarks on ACD’s 19th Foreign Ministers’ Meeting in Iran
Central Committee on National Tourism Development 1/2024 meeting held