Salt prices move slightly up in Mon State

The prices of salt have rebounded a bit in Mon State’s salt market.
In early February, salt was priced at a low of K133-140 per viss. The prices have slowly increased to K163-190 per viss in mid-March, showing a small increase of K20-30 per viss within one month.
The slight increase is attributed to the strong demand for raw salt.
The salt harvesting process begins around mid-September in Mon State and raw salt is processed in December and January. High fuel oil prices usually weigh on production and transportation costs.
The traders faced low inventory despite the high price at the end of the salt season.
During the 2021 salt season, salt farmers were battered by losses.
Mon State, the second largest producer in Myanmar, yearly produces 40,000 tonnes of sun-dried salt, beyond magnesium chloride (MgCl2), iodized salt (I2) and table salt (NaCl).
The 2019-2020 statistics of Mon State salt production businesses showed that there are 14 iodine salt processing plants and one factory each for magnesium chloride (MgCl2) and table salt (NaCl) production, with a production capacity of 60 tonnes of magnesium chloride, 204 tonnes of table salt and 12,132 tonnes of iodized salt. — NN/EM