With demand for bell peppers low in the market, the price is falling sharply in the source market, according to vegetable brokers’ sales centres.
Despite increasing supply, demand has been low in the market.
“A viss of bell pepper has sharply dropped from K 6800-7000 to K 2700-2500. It is Aungban’s market style. The reasons are one,rising supply and two, less buying,” said an official from the Aungban wholesale centre.
The rise and fall of commodity prices usually happens before and after Thingyan and while some crops are predictable, othersare difficult to forecast under the current circumstances.
“It is normal for the price of some crops to go up and down during and after Thingyan,” he said.
Mostly grown as a vegetable mixed with another in multiple cropping and locally called paprika or sweet pepper, it usually sells for a good price. Although bell pepper is a healthy produce to eat, its low heat and high water content make it susceptible to spoilage, so more precautions need to be taken with logistics andharvesting only when the heat of the sun is reduced.
Thit Taw/ZN
