Over 2,000 tons of linseeds exported to Ruili in Oct-Dec


A total of 2,134 tons of Myanmar linseeds (Hygrophila phlomoides), worth an estimated US$2.805 million, were shipped from Muse gate to Shweli (Ruili), a major border crossing between China and Myanmar, in the first three months of the current fiscal, according to data released online by the Ministry of Commerce.
Myanmar linseeds exports were pegged at 4,226 tons, worth $6.209 million, in the 2017-2018FY, 3,901 tons, worth $5.722 million, in the 2018 mini-budget period, and 10,163 tons, worth $13.293 million, in the 2018-2019FY, according to data released by the ministry.
Besides China, the seeds are also demanded by India as they can be used to make traditional medicines and cosmetics.
Earlier, the plants were found growing in natural habitats. Now, farmers have begun growing them as they have become a lucrative herb.
Farmers sow linseeds in March and April. They can be harvested after four months. The seeds are produced through sun-drying, smoking, or grain drying.
At present, merchants are quoting K2,500-3,000 per viss (1.6 kg) for linseeds. The prices of the seeds range from K1.8 million to K2.1 million per ton in Shweli, depending on the quality. A steady demand for Myanmar linseeds helps maintain the price. There is no price manipulation in the market, said market observers.
Exporters do not need to obtain an export-import license for shipping Myanmar linseeds. A two per cent tax is levied per ton, which comes to about $1,352. The Trade Department of Myanmar has been making efforts to reduce trade barriers in China.
In Myanmar, the seeds are used in traditional medicine, and they are widely used in cosmetics in China.
The natural habitats of Myanmar linseeds are Mandalay, Magway, Sagaing, Bago, and Ayeyawady region. —GNLM (Translated by Ei Myat Mon)

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