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
SAC Chairman PM Senior General Min Aung Hlaing lays bejewelled stake for Sarso Beikman construction
Rehabilitation efforts require sufficient time
Eradication of illegal trade must be designated as a national duty for all
Myanmar hosts ASEAN Tourism Committee Meetings
MNHRC Chairman inspects Insein Prison
MoL Union Minister receives IOM Chief
Myanmar seeks African investment at 14th Europe-Africa Forum in Brussels
DEMU carriages operate Yangon-Bago route, serving 700 passengers daily
Kyaiktiyo to begin Buddha Pujaniya Festival on Full Moon of Thadingyut
MFSPEA invites member companies to engage in competitive pricing