Onion price sharply increases in Seikphyu

25 Sep

The onion from Seikphyu township is sold well at K800 per viss in the local market, up from around K400-K500 per viss previously.

The local farmers from Seikphyu township mainly grow the onions. The onions are also exported annually to foreign countries through townships and border areas from across the country. The onions can be harvested in March and April.

The local onion growers are selling the onion in the onion commodity depots depending upon the onion market for their family livelihood, education, health and social matters.

Then, the onion from Seikphyu Township are sent to Yangon Bayint Naung commodity depot, Mawlamyine, Pathein, Pyay towns and also sent to the border routes such as Muse, Myawady and Sittway towns.

At present, the border areas are closed temporarily because of the pandemic and the commodity flow is faced with difficulties. So, the onions are sent only to the townships from across the country, and the price of onion dropped this year. From April to September, the cost of onion is around K400-500 per viss. Because of the difficulties in the storage of onion, the local onion growers are selling at a low price.

Recently, the locally produced onions are consumed not only in the country but also demanded from Bangladesh. So, the price of onion has risen again these days. The price of onion ranges between K700 and K800 per viss depending upon the size of the onion. These days, about 10,000 tonnes of onion enter Seikphyu commodity depot.

The local onion growers will be faced with the losses of the profit by growing onion. So, the growers expect to get more price of onion before Thadingyut Festival. 

Ko Zwe (A Nyar Myay) (Translated by Hay Mar)