Sunday, 2 December 2012

Burma’s beans getting cold

The Myanmar Pulses, Beans and Sesame Seeds Association has said that the bean and pulse market in Burma has slowed down through November; however, the green mung bean market has remained stable.

“Apart from green beans, the sale of all other types of beans has cooled somewhat,” said a trader who exports beans and pulses to Singapore. “Although it was estimated that the price of Myanmar beans and pulses would strengthen, it has not.

“This is partly because of a decreased yield in Indian beans. India exports beans to Africa and Canada, so there is less demand for Burmese beans.

“In the domestic Burmese market, the green mung bean has been stable. However, matpe beans and pigeon peas are trading at a low price,” he said.

source: Mizzima
http://www.mizzima.com/business/8486-burmas-beans-getting-cold.html 

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