Weekly market update of dry groceries at Bayintnaung Commodity Wholesale Centre

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Dry groceries are organized for sale at a retail outlet.

For a week from 31 January to 6 February 2024, the prices of black gram and pigeon peas declined after a record high. The onion price rebounded. The wholesale reference price for palm oil was set lower this week.

The wholesale prices rose to K1,300-K2,700 per viss depending on the quality, size and producing areas (Seikphyu, Myittha and Myingyan) on 7 February from K900-K2,500 per viss on 3 February.
The highest price in the Pakokku market was K1,750 only, with an entry of K54,000 viss, while the onion fetched K1,950 per viss at maximum in the Myingyan market that day, with the supply of 89,760 visses of onion.

The garlic prices from Aungban, Shan State, touched a high of K16,200-K17,000 per viss depending on varieties and qualities, whereas Kyukok garlic price dipped to K8,900-K9,000 per viss on 7 February.

Chinese potato price fetched K2,250-K2,550 per viss on 7 February, with 78,000 visses flowing into the market.

Chilli pepper
The wholesale prices of chilli peppers declined a bit to K8,800-K12,000 per viss for long chilli pepper and Moehtaung variety on 7 February. Those Moehtaung chillies processed in cold storage fetched K10,300-K10,400 per viss. The price of bell peppers from Sinphyukyun was K15,500-K16,000 per viss.

The prices hit K86,000- K90,000 per sack of non-premium monsoon rice and K97,000-K110,000 per sack of Pawkywe variety on 7 February. Meanwhile, the new Pawsan rice of premium quality was worth K135,000-K160,000 per sack, depending on the producing areas (Pyapon, Myaungmya, Shwebo). The glutinous rice fetched K100,000-K110,000 per sack on 30 January.

Palm oil
For a week from 5 to 11 February 2023, the wholesale reference price of Yangon Region was set lower a bit to K5,275 per viss compared to that of the previous week. The FOB price stood at $875 per tonne on 29 January and slid to $845 on 5 February and $855 on 6 February.

The prices of various pulses soared to K3,445,000 per tonne of black gram (Fair Average Quality/RC), K3,715,000 per tonne of black gram (Special Quality/RC), K4,150,200 per tonne of pigeon pea (red gram) RC, K4,530 per viss of green gram (Shwewah) and K6,380-K6,600 per viss of chickpea in Yangon’s wholesale markets on 7 February 2024. — TWA/KK

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