Domestic pure gold price remains strong despite fall in global market

Jul 22,2022
Despite gold price dip to US$1,700 per ounce in global markets, the price of pure gold continues its gains at K2,060,000 per tical (0.578 ounce, or 0.016 kilogramme), according to Yangon Region Gold Entrepreneurs Association (YGEA).
Driver-substitution system via Muse to China cuts transport costs, yet export declining
Jul 22
Myanmar trucks are allowed to border-crossing through Muse to China under the driver-substitution system, cutting transport costs. Nevertheless, the country’s export sees a downtick.
Myanmar-produced coffee beans fetch US$5,000 per tonne
Jul 22
As the local and foreign demand is high, the coffee bean fetches about $5,000 per tonne, according to Myanmar Coffee Association.
Black gram prices volatile in July hitting maximum of K1.63 mln per tonne
Jul 22
The prices of black gram (urad in India) have a bumpy ride in July. The price reached the highest of K1,630,000 per tonne, according to the bean market.
Myanmar ships over 520,000 tonnes of various pulses in Q1
Jul 21
MYANMAR exported US$395.7 million worth of 522,332 metric tons of various pulses over the Q1 (1 April-8 July) in the current financial year 2022-2023, according to statistics released by the Ministry of Commerce.
Over 1.3 million acres of monsoon rice completed in Ayeyawady Region
Jul 21
AYEYAWADY Region Department of Agriculture covered 1,311,813 acres of monsoon rice in eight districts of the region as of 16 July 2022.
Myanmar’s eel and crab exports to China via Muse border resume
Jul 20
MYANMAR’S exports of eel and crab to China via the Muse border post have restarted since 20 June following the closure of Sino-Myanmar border posts triggered by the COVID-19 impacts, ...............