In the Myanmar Mandalay market, the price of onions has increased by 2 times

Mandalay onion trading station news, in mid-October, mandalay market, onion prices rose more than 2 times.

In early October, onions were priced at around 400 kyats per drag, and by mid-October, 1 onion was priced at 850 to 900 kyats.

The owner of an onion trading station in Mandalay said the rise in onion prices was due to increased purchasing power in Bangladesh. In March, the price of 1 onion was 200 kyats, and onion farmers encountered great difficulties. In order to stop the loss, some farmers directly let the onions rot in the ground.

Some onion merchants in Mandalay city said that the price fell in March and now it has returned to a stable price, 1 drag of 850 to 900 kyats, farmers can also make a little profit. Previously, the price of onions had risen to 1,000,1500,200 kyats per drag, which was more difficult for consumers.

It is understood that Bangladesh and Sri Lanka generally buy Indian-made onions, and the reduction in Indian onion planting area in 2021, coupled with climate change, Bangladesh is expected to purchase a large number of Myanmar-produced onions.