Fresh monsoon onion enters Bayintnaung Commodity Wholesale Centre

According to onion ware­houses, newly harvested monsoon onions from the My­ittha area started flowing into the Bayintnaung Commodity Wholesale Centre, Yangon Re­gion, on 6 December.


Opening prices stood at K1,500-2,500 per viss, depending on sizes. The large size of the on­ion is barely seen among them.


There is a slight moisture content left in the monsoon on­ions. They need to be dried, U Hlaing Min, a trader, told The Global New Light of Myanmar (GNLM).


Old summer onions fetched K5,100 per viss on 2 December 2022. The Yangon market still sees an entry of old onions, with a supply of 150,000 visses of on­ions on 6 December. The price of old summer onions moved in the range between K3,900 and K4,200 per viss.


The old summer onion mar­ket will likely falter with an influx of monsoon onions in early De­cember.


Large monsoon onions were priced at K4,700 per viss on 8 December 2022, yet the prevail­ing price stood only at K2,500 per viss. The figures showed a sharp drop compared to the corresponding period last year. — TWA/KK