Prices of Moehtaung chilli, long chilli continue declining

Moehtaung chilli and some long chilli prices are dropping to K10,000 and lower than K10,000 per viss in the Bayintnaung chilli market in early February 2024, a chilli trader U Hla Han told The Global New Light of Myanmar yesterday.
Also, Moehtaung new chilli from Maubin Township arriving at the market these days are priced at K10,000 per viss. Only bell peppers are priced at more than K10,000 per viss. On 3 February, prices of Hinthada chillies were K11,500-K11,800 per viss, Myanaung long chillies K11,500, Salin red long chillies K13,000, Thazi long chillies K9,000-K9,500, and Shan long chillies K9,500.
Hinthada Moehtaung chilli is priced at K10,000 per viss, Shan Moehtaung K8,500, Moehtaung chillies with cold storage process K10,500, and ordinary Moehtaung chilli K9,000/K9,500. Sinphyukyun bell pepper is priced at K15,000/K15,500 per viss, Thazi and Zee bell pepper K12,300, and Chinese bell pepper K17,000. Chilli varieties are arriving in the market and thus, prices are trending downward. And also, demands of Thazi long chilli and Moehtaung chilli in cold storage process are significantly declining.
On 3 February 2023, prices of Sinphyukyun bell pepper are priced at K15,500/K16,500 per viss, Moehtaung K11,000, Shan Moehtaung K11,500, Maubin Yayle Moehtaung K11,000, Hinthada Moehtaung K11,500, Hmyarni Hinthada long chilli K11,000/K12,000, and red long chilli K11,000/K12,000.
Hence, as new chillies are arriving in the market in early February, the prices are falling and lower than that of last year similar period.
Chilli prices are the highest among the other kitchen commodities and therefore, the traders who stock the chillies gained a lot of profits. However, both chilli and garlic are the items that can be reduced in cooking. Thus, both of those items are less important for the housewives.
High quality chillies from India were imported to Yangon market before 2020 with each bag contains six visses and prices were higher than the chillies domestically produced. However, since local farmers can produce those kind of chillies. Therefore, it has been a few years since the Indian chillies have been imported.— TWA/TMT