Weekly market update of dry groceries

During the week ending 29 November, monsoon new onions, summer old onions and Chinese onions were supplied to the Bayintnaung wholesale market. The price of the Kyukok garlic variety started to rise. Prices of chickpeas, chilli peppers and black gram dipped.

Onion
On 29 November, 90,000 visses of onions from various regions flowed into the Yangon market. The price remained unchanged. Prices of monsoon new onions from the Myingyan area moved in the range of K2,600-3,700 per viss depending on size. Those from the Myittha area were priced at K3,300-4,400 per viss. Summer old onions are valued at K3,500-4,400 per viss. Prices of Chinese onions were K1,700-3,300 per viss.

Garlic
The wholesale prices of the Kyukok garlic variety slightly increased to K3,375 per viss on 29 November, while the quality of local garlic from Shan State decreased over time with the price moving in the range between K2,800-4,200 per viss. Newly harvested garlic from Shan State is expected to enter markets in early 2023.

Potato
Prices of Chinese potatoes stood at K1,650-2,200 per viss, while Shan potatoes fetched K1,800-2,150 per viss.

Chilli pepper
Prices of bell peppers have dropped. New varieties of chilli peppers were seen in the market at K20,000 per viss although they had high moisture content.
The wholesale prices of chilli peppers were K15,500-17,000 per viss of Shan long chilli pepper and K13,500 for Shan Moehtaung variety. Prices of bell peppers were K29,000 per viss from the Sinphykyun area and K31,000 provided by cold storage.

Palm oil
The wholesale reference price of palm oil in the Yangon Region this week was up by K45 per viss compared to the last week’s price. The reference price for a week from 28 November to 4 December was set at K4,425 per viss.
Consequently, the wholesale prices of palm oil barrels were K5,450 per viss on 28 November and K5,500 on 29 November in Yangon markets. There is a gap of K1,025 between the reference price and the market price.

Rice
New glutinous rice entered Yangon’s wholesale markets and the price declined.  Prices of glutinous rice from the Pathein area stood at K90,000 and K95,000 from the Pyapon area.
Meanwhile, prices of high-grade Pawsan stood at K85,000-94,000 per bag from the Shwebo area, K67,000 from Pathein/Myaungmya areas and K63,000 from the Pyapon area, while other rice varieties were K57,000 for new Pawsan rice, K50,500 for Pawkywe, K49,000 of short-mature rice (90 days), K46,000 for rice grown under the intercropping system, K 43,000 for monsoon low-grade rice and K39,000 for broken rice.

Pulses
Prices of various pulses stood at over K1,704,000 per tonne of black gram (Fair Average Quality/RC), K1,954,000 per tonne of black gram (Special Quality/RC), K1,910,000 per tonne of pigeon pea (red gram) RC, K3,950 -4,150 per viss of chickpea and K2,915-3,000 per viss of green gram (Kayan Shwewah variety) in Yangon markets. — TWA/GNLM

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