Wholesale price of Chinese potatoes peaked at K2,650 per viss

Only the price of Chinese potatoes was set in the Yangon potato market on 4 July 2023 as there was a lack of supply of Shan potatoes in the market, resulting in their unavailability for sale or pricing.
A total of 60,000 visses of Chinese potatoes entered the market on the same day, with a wholesale price of K2,650 per viss. Although the wholesale price in Yangon was less than K2,000 per viss in May, it started to rise to over K2,500 in early July.
Domestic garlic and potatoes share the market with imported ones because of the insufficiency in domestic production. There were some days in late 2022 when only Chinese potatoes were available the Yangon potato market.
While a viss of large-sized Shan garlic was wholesaled at around K9,000, the price of Kyukok garlic was valued at K7,200 per viss. Similarly, Chinese potatoes also reached the highest price in first half of 2023, ranging between K2,600 and 2,650 per viss.
In 2022 and 2023, the prices of onions and garlic increased, but potatoes have not yet exceeded K3,000 per viss in the Yangon market.
Although Chinese potato prices rose significantly, there were days when Shan potatoes were not available in the market. As a result, the potato market did not experience the same price hikes as seen in the onion, garlic and chilli pepper market, said a dealer to the GNLM. — TWA/CT