Shan garlics get rapid rise in price

In the Yangon commodity market in June and July, when trading is low, the on­ion price is stable, and the price of Chinese potatoes is rising to K2,800 per viss. Among them, Shan garlic has been hitting the highest price in the market for half a month.

 

In the early months of the Myanmar New Year, when new Shan garlics are in season, the price of large-sized Shan garlic started to rise from K4,200 per viss in mid-December 2022 to K5,500 per viss on 15 Feb­ruary 2023.

 

Even after the markets saw a new Shan garlic vari­ety, the price continued to peak and reached K9,000 per viss for large-sized garlic on 28 June. The price on 8 July was K8,700 per viss. Kyukok garlic fetched only K7,200 per viss, while a viss of S5 Shan garlic was valued at K9,000.

 

Shan garlic had a high price in 2017, and the price dropped to its lowest be­tween 2018 and 2021. A viss of Shan garlic wholesale was only around K1,000 in those years. In 2019 and 2020, when the Covid-19 pandemic hit the country, garlic was es­pecially used by the people for health. At that time, the price of garlic was affordable for the public.

 

When the price has reached a high level this year, consumers are less worried about the high price of garlic because it is only used for consumption. — TWA/CT