Merchants are getting a better price for Seintalone (Diamond Solitaire) mangoes at the start of this harvest season than last year, said U Kyaw Soe Naing from the Myanmar Mango Market and Technology Development Association.
After the Thingyan festival last year, Seintalone mangoes were fetching 120-130 yuan per package in the Chinese market. The prices declined to 100 yuan in the harvest season, when a large volume of ripe mangoes entered the market.
This year, exporters began sending Seintalone mangoes to Muse before the Thingyan festival, earning 170 yuans per package. On 28 April, a package of Seintalone mangoes was fetching 140 yuan, according to the market.
Market experts have estimated the price of Seintalone mangoes will remain above 100 yuan during this harvest season, said U Kyaw Soe Naing.
Between 30-50 tons of Seintalone mangoes are entering the Muse market, almost on a daily basis, he added.
This year, mango production in Myanmar has suffered on account of bad weather which has affected yields.
Usually, low production leads to a rise in mango prices. Seintalone, Hnintha, Myakyauk, and Yinkwe are some of the mango varieties exported by Myanmar. Myanmar mangoes are mostly shipped to China, its largest neighbour.
It is important to promote cooperation among mango farmers in the regions and states so there is uniformity in production and prices, along with good packaging, said U Kyaw Soe Naing.
As per research, more than 190 mango varieties are cultivated in Myanmar, mostly in the Ayeyawady Region, followed by Shan and Kachin states. The majority of Seintalone mango plantations are found in Mandalay.
Seintalone is regarded as the best mango variety in Myanmar because of its aroma, sweetness, juiciness, and non-fibrous texture. The mango variety has become highly popular in the global market in the last three years.
Myanmar exported more than 700,000 tons of Seintalone mangoes in the 2016-2017 and the 2017-2018 fiscal years.—Min Htet Aung (Mandalay Sub-printing House)
(Translated by Khaing Thanda Lwin)