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Potato price jumps in retail market

potato mk

On 1 July, the potato was priced at K820 per viss (a viss equals 1.6 kg) in the wholesale market, whereas it dramatically rose to K1,270 per viss at the end of July. On 23 August, the price of potato stood at K950 per viss in the wholesale market and touched a high of K1,600 per viss in the retail market.

The price of the potato remains in the bull market, as per the price data of the retail market.
Normally, the price of potatoes rises in the monsoon season. This year, potato prices keep rising as well.
On 1 July, the potato was priced at K820 per viss (a viss equals 1.6 kg) in the wholesale market, whereas it dramatically rose to K1,270 per viss at the end of July.
On 23 August, the price of potato stood at K950 per viss in the wholesale market and touched a high of K1,600 per viss in the retail market.
Additionally, tracking the strict restriction measures to contain the COVID-19, the prices of commodity price fluctuates in the domestic market.
The prices of kitchen crops such as onion and garlic stay on the upward trend.
The prices of garlic move in the range of K2,600-4,800 per viss depending on varieties. Lately, the garlic (Kyukok variety) imported by China was a lack of supply owing to the closure of border posts between Myanmar and China.
Therefore, the exorbitant price occurred in the retail market, a trader stated.
Next, onions from the Myingyan area fetch K480-520 depending on size. – NN/GNLM

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