The sale of maize produced in northern Shan State was suspended during the second week of December due to low demand from foreign countries, but will resume in mid-January, said maize merchants.
The merchants are waiting for the fresh maize to produce and then, they will clear out all the stocks together with the fresh maize newly harvested. Both the maize and the rice are harvested at the same time. Therefore, the merchants turn to rice to trade, said a maize merchant.
Maize is grown mostly in Namhsan, Namtu, Kyaukme, Hsipaw and Lashio. Maize from Shan State is exported to Thailand through the Lashio depot and to China through the Muse 105th Mile border trade camp. Over 400,000 tonnes of maize are annually exported to foreign countries, it is learnt.
Currently, the maize produced in Kayah State enters the Muse trade camp. Over 800 tonnes of maize flowed into the Muse market from Kayah State in the previous week, and the trade volume dropped down over 140 tonnes during this week. The maize is offered from Ks280 to Ks300 per viss, depending on quality and moisture content.
Source: Global New Light of Myanmar
