The harvested fresh onions from the regions are entering and being traded at Mandalay market, according to Thiri Marlar Onion Wholesale Commodity Exchange Centre.
“Now, the onions are entering from the regions. It is expected for the onion to arrive on 15 January. This year, the onions are highly cultivated, and thus there will be abundant supply,” said U Kyaw Htay from an onion trader depot.
Fifteen truckloads of onions are arriving daily at least the commodity depot. The trading of the onion is as usual. The onion price will not be high this year, like last year despite abundant supply.
“Last year, onion was priced K1,000 per viss. But this year, the onion fetched only K500 per viss. The supply of onion is high, but the demand for domestic consumption is also on the decline,” Onion trader U Than Hla explained.
The onion price has dropped because of the abundant supply of the onion this year. However, the onion price has not decreased because there is the demand from China and Viet Nam and Myawady region in Myanmar.
The onion is usually grown in summer and monsoon in Myingyan, Myittha, Yesagyo, Monywa, Seikphyu, Pakokku and other regions.
Min Htet Aung (Man Sub-printing house)
(Translated by Hay Mar)
