A KEEN interest from neighbouring India in coconuts from Sagaing Region’s Kalay Township, for use in manufacturing coconut oil and other cosmetic products, has reportedly seen a boom in local trade, according to Kalay coconut wholesalers.
Coconuts are exported to India via the Myanmar — India border town of Tamu, with trade reportedly showing no sign of losing momentum before the coconut season draws to a close in August.
“We buy up the young coconuts produced in villages within Kalay Township and export them to India via the border town of Tamu,” said U Tin Win, a coconut wholesaler from Kalay Township’s Thazi village.
Coconut wholesalers from Kalay are reportedly managing to shift between 300 and 400 of the fruits on a daily basis, with the young coconuts fetching K120 a piece.
“We’ve recently been seeing a boom in trade of young coconuts at the Nanpalone Market from Indian buyers. We sell our coconuts to them for K280 each.
The coconuts are reportedly transported to the border town of Tamu via small and large trucks, together with three-wheeled