High demand boosts snow pea prices

The vegetable market in Aungban
The vegetable market in Aungban

At the Aungban vegetable market in Shan State, snow peas have gained a lot of buyers, and the price has been good.
It has been about a week since the snow pea price soared. In previous months, the snow pea price per viss was K5,000 and climbed to K10,000 this week.
“Among vegetables, snow pea price has climbed up. It has been over K10,000 now. Previously, it was K5,500-K6,000 per viss. The price goes up in a week. It is because the crop receives a lot of demand, so the price climbs up. Vegetable production has been paused in other areas, so buyers have to flock here. And wholesalers have to raise the price; if not, farmers would complain,” said a manager from a vegetable wholesale centre in Aungban.
Although the price has been high at present, it is likely to decline soon; however, it is still unknown when it will be.
“If the price continues rising, it is probably not exceeding K11,000. However, the price will decline when the supply becomes larger and demand becomes low. We can’t say when it will happen. It depends on consumers and the market,” he said. — Thit Taw/ZS/ED

Share this post
Hot News
Hot News
Buyers prefer second-hand motorcycles in Mandalay
Action taken against undocumented alms-seekers in Ottwin Township for clean Sasana
Model pagodas with full Myanmar cultural essence attract more interest
Taninthayi-produced areca nuts receive Thailand buyers
Myanmar’s rice, maize exports show upward trajectory
Yangon Region offers over 980 hotels, accommodations for year-round tourists
Heilongjiang General Chamber of Commerce established in Myanmar
NSPNC holds meetings with political parties working group
Myanmar, India discuss trade, investment at Lucknow Business Conclave 2024
Union Price Stability Committee meeting 2/2024 held