Onion price drops by over $30 per tonne depending on size

The onion price has declined by over US$30 per tonne depending upon the size, according to the Myanmar Onion, Garlic & Culinary Crops Production and Exporting Association (MOGCCPEA).

About 200 trucks loaded with culinary crops are exported daily to Thailand via the Myawady trade zone. The shipped items are corn, onion, garlic, peanuts, peanuts (with peel), rice, yam, dried chilli, turmeric, avocado, mussels, and tamarind.

Out of those exported products, the onion has export licenses issued at the FOB price set to apply for an export licence every two weeks by the MOGCCPEA.

For this week, the association’s FOB prices are $145 per tonne for new crops 2021 20mm-30 mm size, $170 per tonne for 25mm-35mm size and $215 per tonne for 35mm-upsize.

Therefore, the onion price plunged by over $ 30 per tonne this week.

Similarly, the garlic price has also slightly declined with $1,070 per tonne for 18 mm-28mm size and $1,250 per tonne for 28mm-upsize.

Besides, there is no rubber export to foreign market so far. The prevailing prices of International Rubber — Ribbed Smoked Sheets (RSS) and Myanmar Standard Rubber (MSR) remain unchanged, according to the fixed price of Myanmar Rubber Planters and Producers Association (MRPPA).
At present, the various items to export to the neighbouring country through the Myawady border trade zone are being scrutinized, and Form-D is being issued to get Customs clearance.

Starting from 1 January 2021, Form-D is issued by transmitted e-ATIGA Form-D using the electric data exchange system. However, if there is a technical error or internet error, Manual Form-D is being issued with a manual sign instead of e-ATIGA Form D.—NN/GNLM

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