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December 12, 2019

Black sesame fetching good price in Mandalay this harvest season

Traders negotiate prices of pulses at a wholesale market in Mandalay. Photo: Aung Phyo Kyaw

Black sesame from Salin and Sinphyukyun townships of Magway Region is fetching a high price in the Mandalay market this harvest season, according to merchants.
“Black sesame was cultivated in the summer, and it was priced at K220,000 per bag last year. But now, the price of black sesame has increased to K2750,000 per bag, and the market is stable due to high demand from China,” said U Soe Win Myint, a merchant at the Mandalay Commodity Depot.
“White sesame is also fetching a high price in the market. The price of sesame is increasing steadily due to good demand in the China market. Additionally, low supply of sesame seeds is causing great difficulties for growers,” U Soe Win added.
Earlier, black sesame seeds cost K200,000 per bag during the rainy season, and currently, the price has increased to K300,000 per bag. As the supply of sesame seeds is low, growers have to buy the seeds at higher prices. Sesame can be cultivated within 100 days in any season, and enjoys a good demand in the market. —Aung Phyo Kyaw (Translated by La Wonn)

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