Sorghum price rises due to demand from China

In spite of the huge harvest of Myanmar sorghum this season, the price has been increasing gradually due to a large demand from China, according to the Mandalay Commodity Depot.

47395183 198510567724339 3078485377833500672 n copy
Photo shows plot of sorghum.  
Photo: Min Htet Aung (Sub-printing House)

“Sorghum is generally harvested during Thadingyunt, and the market opened at K28,000 per basket this season. Although sorghum is currently being sent to local markets, the price has gradually climbed to K30,000 per basket, instead of declining,” said U Soe Win Myint from Soe Win Myint Depot in Mandalay.
“The price of sorghum has been rising on account of a large demand, despite the high yield this year. Earlier, the price stood at K28,000 per basket. In China, sorghum is used to make alcohol. The Chinese consider sorghum alcohol healthy. So, they prefer sorghum over corns. Sorghum is selling well among the Leeshaw ethnic people in Momeik and Mogok, who also use it to brew alcohol. Miners in these regions consume sorghum alcohol for its health benefits,” he added.
“Moreover, growers in Myingyan tried cultivating sorghum of Chinese origin on an experimental basis, like watermelons. But, the cultivation failed due to differences in geography and land quality,” he added.
Sorghums are mostly cultivated in the central regions of Myanmar, including Kyaukse, Thetaw, Wundwin, Myitthar, Myingyan, and Monywa towns, and Magway Region. More farmers must choose to grow sorghum because the input costs are not very high and it has already grabbed a share of the foreign market, said U Soe Win Myint. —Min Htet Aung (Mandalay Sub-printing House)
(Translated by La Wonn)

Share this post
Hot News
Hot News