Trading at Bayintnaung wholesale market sluggish amid floods

Heavy rainfalls from midnight on 16 August to 7 am on 17 August hit Yangon Region and flash floods hit the Bayintnaung commodity warehouses, said Ko Aye Myint, a worker in Nguwah Street of the Bayintnaung market.
The car parking in front of the market is flooded. Floods caused a slower pace in the market and transport delays. I had to take a longer time when I returned to the Nyaungpinlay market from Bayintnaung, said U Yee, an onion and potato seller.
Heavy rain stopped at 7 am and continued at 8 am on 17 August, resulting in flash floods. Floods hit most of the small lanes in Bayintnaung, said Ko Tayote from Aungthapyae Street.
Floods wreaked havoc with the loading and unloading of cargoes and transport. It disrupted warehouse logistics, said U Kyaw, a truck operator from Seinpan Street.
Trading at the Bayintnaung market is quite sluggish this month and flash floods exaggerated the market slowdown. The number of buyers significantly dropped on the morning of 17 August. Goods handling and warehouse logistics management are seen. Trade volume declined in the market, said Ko Myint Thein from an onion depot on Yetama Street.
The backstreets of the Bayintnaung Warehouse were flooded, said Ko Thein from Tamar Street.
The Bayintnaung wholesale centre is vulnerable to flooding triggered by heavy rainfalls. Although it has taken flood risk management and the floor level has risen, some areas still face flood impacts. Onion, potato and garlic prices are rising daily. However, I had a chance to buy it at fairer prices, said Ko Chit, a trader.
The freight forwarding service industry was unexpectedly hampered by heavy rainfalls and flash floods on 17 August. — TWA/GNLM

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