Beans and Pulse Association Weighs on Trader Dispute

Based on request from a local company, Myanmar Pulses, Beans and Sesame Seeds Merchants Association will solve the financial issue between merchants and the company. The pulse trading firm, Thein Than Company, asked help from the association a month ago to judge the financial issue. “We are checking the financial statement of both sides and […]

Indian Companies Mulling Purchase of Myanmar’s Peas

Indian companies which have won the tender are considering purchase of Myanmar’s peas, resulting in a decrease in the price, said U Min Ko Oo, the secretary of Myanmar Pulses, Beans and Sesame Seeds Merchant Association. India’s government has been intervening in controlling the pea price since August. Additionally, pea tenders are divided into 5,000 […]

After effects of El Nino hit Myanmar’s green bean export industry

Yangon, July 6 – a fall in quality of green beans exported from Myanmar to countries within the European Union has subsequently seen the price of green beans also decline so far this 2016-17 fiscal year. The beans, which fell in quality induced by the infamous El Nino weather front, are selling this fiscal year […]

Beans and pulses exports damaged but not stopped by floods

The flow of beans and pulses exports will continue even if volumes are reduced by recent devastating floods, according to U Min Ko Oo, secretary of the Myanmar Pulses, Beans and Sesame Seeds Merchants Association. The Myanmar Rice Federation has suspended rice exports until mid-September to assist local consumers and prevent a price spike, though […]

Ministry halts online exchange

A Forthcoming commodities exchange has been suspended following a letter from the Ministry of Commerce stating it is not allowed to operate. Myanmar firm MICEx had aimed to bring a commodities exchange online in the next few months, but is now left waiting while it discusses the situation with government authorities. While company officials admit […]