Pigeon peas price up by K10,000 per tonne but mung bean price stable

By Nyein Nyein

Pigeon peas price is up by K10,000 per tonne, although mung bean price is stable, said U Min Ko Oo, secretary of Myanmar Pulses, Beans and Sesame Seeds Merchants Association. The prevailing price of mung bean stands at K950,000 per tonne, while pigeon peas fetch about K815,000 per tonne.
At present, Myanmar’s beans are demanded by Bangladesh, Dubai and Pakistan, beyond India, he continued. However, the purchase volume is relatively smaller than India’s demand. India is the leading buyer of Myanmar’s black beans and pigeon peas. However, India is delaying the bean purchase amid the COVID-19 impacts, stated traders. India rapidly changed the import period of 400,000 tonnes of black bean to three months by August-end 2020 from the earlier set deadline of March 2021, as per their official notice on 22 May.
Although Myanmar’s bean body has asked for deadline extension for import quota of 400,000 tonnes set by India, there is still no response. Myanmar has delivered nearly 100,000 tonnes of black bean of 400,000 tonnes quota. Around 200,000 tonnes of black beans are also stockpiled in the local market, the association stated. Myanmar is the top producing country of black bean that India demands. Besides Myanmar, Australia and Africa grow other kinds of peas such as pigeon peas, green grams and yellow peas, the association stated. (Translated by Ei Myat Mon)

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