Mawlamyine, March (11)
In Mon State, this year’s bean season has seen many bean hoarders, and its prices have reached record highs in a decade, the traders told Than Lwin Times.
The price of various varieties of domestic beans has risen steadily since the beginning of the year, reaching a record price, among which a basket of green gram (Shwe Wah) jumped up to 71,000 kyats.
A basket of black gram is more than 60,000 kyats, black-eyed pea is 43,000 kyats, black pelun beans is 47,000 kyats, and a basket of soy beans is up to 60,000 kyats.
According to a bean businessman, the price of beans has risen to its highest point in ten years as a result of an increase in the number of people hoarding beans, causing an increase in demand.
But, after the military takeover, bean farmers are said to be unprofitable due to high prices of agricultural inputs and high commodity costs, and low yields due to weather.
In Mon State, black gram, green gram, soybean, and green gram (Shwe Wah) are mainly grown, producing more than 20,000 tons of beans and pulses every year.
News-Than Lwin Times
Photo- Mg Jake
Thanlwintimes