Myanmar ban export of peanut and sesame to secure local consumption and to control inflation

The exports of peanut and sesame seeds came to a temporary halt in order to ensure self-sufficiency in the domestic market, according to the Trade Department under the Ministry of Commerce.Among the agricultural products that are allowed to be exported through the border posts, oil crops (peanut and sesame seeds) except black sesame are temporarily […]

China makes high offer for Myanmar quality peanut

The prices of Myanmar’s quality peanuts exported to China touched a high of K3,800 per viss (a viss equals 1.6 kilogrammes) due to the domestic market’s lack of supply and a hike in imported edible oil prices.According to the Mandalay wholesale market, the price of peanuts remains on the upward trend following the strong domestic […]

Raw sesame, peanut import proposal causes price shakeup in domestic market

The news of a company’s import proposal for raw sesame and peanut makes changes in pricing in the local market, said U Htay Chun, Vice Chairman of Mandalay Depot. “The Ministry of Commerce reported that a certain company had sought import permit for raw sesame and peanut to be produced on a CMP basis and […]