Rising chilli prices boost farmers’ income

The chilli trade is doing well now, and 692 Moehtaung red chillies are in high demand in the retail market, helping farmers enjoy rising income.
“Chilli price is fine now, so farmers are better off. At present, 692 red hot chillies are selling well. There are many retail orders as well as wholesale orders that are also increasing,” said an official from Toe chilli and crops trading from Wundwin Township, which is a chilli producer.
It is expected that chilli prices will change in the domestic market over the following months depending on foreign demand, and chilli plantations got damaged due to the weather this year.
“The price will go up in the domestic market if Thailand’s demand increases or will be steady if Thailand’s demand doesn’t rise. I think the price will change depending on current production and foreign demand. There are plantations, though, many plants were dead due to extreme weather,” he said. — Thit Taw/ZS/Ed

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