Weekly market update of dry groceries

During the week ending 8 November, the price of onion hit a fresh new peak at the Bayintnaung Wholesale Market. The prices of black gram, Chinese potato, Shan potato and sugar increased. The sugar fetched K2,580 per viss (a viss equals 1.6 kilogrammes). Chinese potato was priced at K2,000 per viss.
Onion
On 8 November, 150,000 visses of onions entered in the post-Tazaungdaing holidays. However, the price continued to rise and reached a record high.
The prices peaked at K3,100-4,100 per viss of onions from the Seikphyu area and K3,800-4,500 from the Myingyan area.
Chinese onions flowed into the wholesale market with K2,000 per viss, which is half of the local onion’s price.
Garlic
The wholesale prices of the Kyukok garlic variety were K3,500 per viss on 8 November while the local garlic from Shan State (Aungban area) moved in the range between K3,000-4,100 per viss.
Potato
The prices of Chinese potatoes were K2,100-2,150 per viss on 8 November. Shan potatoes were valued at K1,500-1,800 per viss depending on quality.
Chilli pepper
The wholesale prices of chilli pepper were K16,000-20,000 per viss (Shan long chilli, Moehtaung variety and chilli pepper) processed at cold storage. The bell pepper fetched K20,500-30,000 per viss.
Palm oil
The wholesale reference price of palm oil in the Yangon Region this week was up by K105 per viss week on week. The reference price for a week from 8 to 13 November was set at K4,330 per viss.
Consequently, the wholesale price of palm oil remained unchanged at K6,300 per viss in Yangon markets.
Rice
The price of sticky rice from Pyapon increased to K90,000 per bag, which soared from K84,000 per bag recorded in the previous week. The price of newly harvested low-grade paddy slightly rose.
The prices of high-grade Pawsan stood at K85,000-93,000 per bag from the Shwebo area, K60,000-65,000 from Pathein/Myaungmya area and K57,000-60,000 from the Pyapon area, while the prices of other rice varieties were K49,000 of Pawkywe, K47,000 of short-mature rice (90 days), K44,000 for rice grown under the intercropping system, K43,000-43,500 for new low-grade rice and K39,000 for new broken rice on 8 November.
Pulses
On 8 November, the price of black gram rebounded to over K1.8 million per tonne. The various pulses stood at over K1,810,000 per tonne of black gram (Fair Average Quality/RC), K2,135,000 per tonne of black gram (Special Quality/RC), K1,930,000 per tonne of pigeon pea (red gram) RC and K4,100-4,200 per viss of chickpea in Yangon markets. —TWA/GNLM