Ripe areca nuts fetch higher prices in Myeik Township

The price of areca nuts is offered higher price compared to the rate registered last year, said the growers.
“Last year, the ripe areca nut was worth only K3,000-3,500 per viss (a viss equals 1.6 kg) in the early season and it was valued at K5,000-6,000 per viss during the late harvest season. This year, the opening price of areca nut is over K6,000 per viss. The remaining dried areca nut that was stored last year is priced at over K10,000 for now. The dried areca nut is offered higher price owing to better quality,” said a farm owner from Kyaukpyu village.
The betel nut is primarily produced in the villages of Myeik Township. They are sent to the warehouses in Palaw and Dawei towns in Taninthayi Region, Mawlamyine, Yangon and Taunggyi.
Mon State, Kayin State, Ayeyawady Region, Bago Region and Taninthayi Region are the main producers of betel nuts. The betel nuts from Toungoo and Myeik are popular in the market. There are 20,483 acres of betel nut trees in Taninthayi Township, 5,572 in Kyungsu, 4,523 in Myeik and 11,090 in Palaw, totalling 41,668 acres in Myeik District of Taninthayi Region. About 12.649 million visses of betel nut are produced in the district, according to the data of the Myeik District Agriculture Department.—Myint Oo(Myeik) /GNLM