Avocado traders are doing a roaring trade in the domestic market and the prices move up in the late season as well, said U Myo Nyunt, joint secretary 1 of Myanmar Avocado Producers and Exporters Association.
The domestic market sees dwindling stocks of avocados of local origins. Those are supplied by Chin and Shan states and PyinOoLwin and Nawnghkio areas. The prevailing prices stand at K35,000-40,000 per 35-viss bag.
“The avocados of local origin fetch a handsome price. They were priced at K28,000-30,000 per bag during the abundant avocado season. Now, the stock is decreasing. The price, therefore, goes up to K35,000 per bag on low supply during the near end of the season.
This year, the avocado season started earlier than usual. High domestic demand pushed up the prices as well,” he elaborated.
They are mainly sent to Yangon and Mandalay big cities and the remaining are delivered to Muse, Lashio and Monywa markets. The traders explore markets through digital platforms as well. – Min Htet Aung (Mandalay Sub-Printing House)/EM