Beans and Pulses Traders Hopeful to Tap China Market

​​ Beans and pulses produced in Myanmar have long relied on the Indian market, but the industry has started broadening their horizons to another giant market – China, said U Aung Soe, director general from Myanmar’s Trade Promotion Organisation under the Ministry of Commerce. A delegation, which consists of officials from the ministry and nine companies […]

Investments, Solutions Needed on Back of Black Bean Price Collapse

Despite efforts to support the local bean industry after India imposed harsh restrictions on imports from Myanmar, businesses along the entire black bean supply chain have taken a hit and more investments are needed to support ailing farmers. While demand for mung beans and pigeon peas from China, Nepal and Pakistan has been able to […]

Local, Foreign Demand for Beans and Pulses Rises After India Stops Imports

Bangladesh, Sri Lanka, Pakistan and Nepal have replaced India as the main importers of Myanmar’s beans and pulses, U Min Ko Oo, Secretary of Myanmar Pulses, Beans & Sesame Seeds Merchants Association, said. After the Indian Foreign Trade Department said in August that it was restricting the import volume quota of black matpe, mung beans and […]

Bean Exporters Keen to Gain From US Tariff Cuts, But Can’t Sell There Just Yet

​​ Myanmar’s bean exporters are looking to find their way into Western markets, where they can benefit from special tariffs following the normalization of trade with the US and EU. A trade association representing growers of beans says finding export routes to the new markets would reduce reliance on India, which is currently the biggest […]

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 […]

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 […]