Weekly market update of dry groceries


The prices of palm oil, chilli pepper, garlic, onion and potato climbed at Bayintnaung Wholesale Market in Yangon for a week ending 10 January 2023.
Bayintnaung Wholesale Market saw the entry of 150,000 visses of new onions on 10 January 2023. The prices moved in the range of K1,900 and K2,650 per viss depending on the quality, size and producing areas (Myingyan and Myittha).
On 10 January, the price of onions from the Myittha area hit the highest of K2,200 per viss in the Mandalay market, while those from the Pakokku area also fetched K2,200 per viss with the supply of 60,000 visses. The demand for onions from Myingyan is higher than those from Myittha areas in Yangon markets.
The wholesale price of the Kyukok garlic variety was approximately K3,650 per viss on 10 January 2023, while the local garlic from Shan State (Aungban) fetched K4,300-K5,500 per viss.
Low supply pushed up the prices of potatoes to K2,400 per viss of old Chinese potatoes and K2,100 per viss of new Chinese potatoes, while the prices of Shan potatoes moved in the range between K1,800 and K2,100 per viss.
Chilli pepper
The wholesale prices of chilli peppers were K17,000 per viss of Shan long chilli pepper and K14,000 for the Moehtaung variety. The prices of bell peppers were moved in the range between K17,000 per viss for (Sinphyu and Chinese varieties).
The new rice price edged up in the domestic market. On 10 January 2023, new low-grade rice was valued at K44,000-K56,000 per bag. The new Pawsan rice prices stood at K63,000-K72,000 per bag.
The old Pawsan rice prices moved in the range between K65,000-K99,000 per bag depending on the producing areas.
Palm oil
The wholesale reference price of palm oil in the Yangon Region this week was up by K70 per viss compared to the last week’s price. The reference price for a week from 9 to 15 January 2023 was set at K4,530 per viss.
Consequently, the wholesale prices of palm oil rose to K6,100 per viss on 9 January 2023, indicating an increase of K1,000 within one week. However, the demand was extremely low, making the sellers reduce the price, said a seller at Nyaungpinlay market in Yangon city.
The prices of various pulses stood at over K1,645,000 per tonne of black gram (Fair Average Quality/RC), K1,845,000 per tonne of black gram (Special Quality/RC), K1,770,000 per tonne of pigeon pea (red gram) RC, K4,300 -K4,500 per viss of chickpea and K2,800-K2,920 per viss of green gram (Kayan Shwe Wah variety) in Yangon markets.—TWA/EMM

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