Irrigated black beans enter Mandalay market
October 31, 2021
This irrigated black beans from Madaya, Singu, Myaung, Monywa and Yesagyo regions are flooding the Mandalay market this season. And, the prevailing price of black beans is much higher than last year, according to Mandalay pulses traders.
The black beans are typically developed in June and July using Ayeyawady and Chindwin rivers water while some growers cultivate them using underground water. The beans are started harvesting at the end of September and entered the market abundantly in October. Last year, a three-basket bag of black beans fetched only K85,000. But this year, a bag of black beans is worth K130,000, indicating K45,000 higher than last year’s rate.
“The black bean grown using of river water are entering Mandalay market these days. Those beans are grown in Yangon, Bago and Ayeyawady regions only once a year. But it has been cultivated as a sequential crop for a decade in the region. As a successful result of cultivation, the plantation has been expended and the yields of the corps also double year by year. There is a good yield of black bean cultivation this year and the prices are also somewhat higher than last year at a corresponding time. The trader predicts that the bean stocks are expected to be low this year due to strong demand from India. But there is no need to worry about cultivating because of new harvest black bean,” said U Soe Win Myint, the owner of Soe Win Myint depot.
Among the export pulses in Myanmar, the black bean is the most lucrative export crop. It should be expanded its cultivation as a sequential crop in the region where river water is available easily, he suggested.