Myanmar bean export prices fall

Myanmar media reports a decrease in the price of beans exported abroad in October, due to a small quantity and poor quality of beans available in the Mandalay bean market. The prices per ton of mung, red kidney, and rye beans have all fallen significantly from the previous month.

Myanmar media reported that they learned from bean merchants that the price of beans exported to foreign countries fell in October. Recently, the amount of beans entering the Mandalay bean market is not much, and the beans entering are all low-quality beans. A bean merchant said that the amount of beans entering recently is small, and the beans entering are also of poor quality. If the quality is low, buyers don’t like it, so the transaction is sluggish. Due to the sluggish transaction, the price of beans fell. The price of mung beans per ton is about 2.5 million Myanmar Kyats, which is more than 270,000 Myanmar Kyats per ton lower than the previous price. The price of red kidney beans per ton is more than 3.96 ...