Prices for Sesame seeds hit highest in three-year due to high demand

Sesame being harvested in a field.  Photo: Zeyatu (Magway)
Sesame being harvested in a field.  Photo: Zeyatu (Magway)

Prices for Sesame seeds (samon variety) and black sesame seeds reached a three-year record high due to high demand when there is a shortage of supply, according to Mandalay market. Price of Sesame seeds (samon variety) was Ks155,000 per three-basket bag at the opening time in early July. Then, it was gradually increasing starting from August and reached up to Ks200,000 yesterday. Similarly, black sesame seeds hit a high of Ks175,000 per bag, said U Soe Win Myint running Soe Win Myint depot in Mandalay.
“Those varieties are fetching the highest prices among sesame varieties. The items are recorded as the highest prices in the past three years. They are selling well in the market. China buys 90 per cent of various coloured sesame seeds while black sesame seeds are purchased by Japan. Shortage of stocks results in price hike when there is a high demand in the market”, he added.
Japan prefers Myanmar’s black sesame seeds cultivated under good-agricultural practice (GAP) and purchases them after quality assessment. Meanwhile, China purchases various coloured sesame seeds.
The sesame crops are cultivated throughout the year. Magway Region, gaining a reputation as oil pot of Myanmar, is the main producer of sesame seeds which are also cultivated in Mandalay, and Sagaing regions. —Min Htet Aung (Mandalay Sub-Printing House)

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