Market Analysis Unit: Market Price Report - Southeast Myanmar (March 2024)

Description: 

"The MAU tracks market prices in in Southeast Myanmar. Data are collected from three vendors per product per market in the last week of each month. The data include prices from Demoso (village), Hpapun (Kamamaung), Hsihseng (main), Kawkareik (main), Loikaw (main), Pekon (main), and Taungoo (Nat Htet). Data are available online at www.themimu.info/market-analysis-unit. KEY FINDINGS Rice prices rose 11-14% in March, although other essential food prices were mostly stable; Vegetable prices were unusually stable, particularly in Taungoo and Hpapun (Kamarmaung) where supply was good and prices remained flat; Meat/fish prices were stable or rising 3-5% in March, reversing the fairly modest price reductions observed in February; Prices for hygiene products were stable in March, except in Taungoo where prices retreated; NFI prices fluctuated in Demoso and Pinlaung, but NFI prices were otherwise mostly stable across markets in March; Prices for monsoon-related NFIs are likely to rise in the months ahead, including items like mosquito nets and plastic tarps. Product-Level Price Changes Essential Foods – Rice prices rose 11-14% in March, while other essential food prices were mostly stable. Rice prices were stable in Demoso and Taungoo, but they rose in other markets monitored. Prices for pulses and cooking oil were stable, except in Demoso where they fell 7-11%. Vegetables – Vegetable prices were unusually stable in March as supply was steady. Garlic prices fell 17-40% in some markets, while long bean and watercress prices rose 14-50% in some markets but otherwise held steady. Taungoo and Hpapun saw particularly stable vegetable prices in March. Meat and Fish – Meat and fish prices were stable or 3-5% higher in March. Prices for fresh fish, dried fish, and chicken drifted 3-5% higher in March. Pork, fish paste, and shrimp prices were mostly stable notwithstanding several instances of rising or falling prices. Hygiene Products – Prices for hygiene products were stable or falling in March. Prices for hygiene products fell 20-33% in Taungoo in March, while other markets saw price stability or the occasional rising price. Detergent prices fell 8% or more in three of five markets monitored in March. Other NFIs – NFI prices were stable in March, although Demoso and Pinlaung saw more price fluctuation. Prices for plastic tarps rose 5% across markets as the monsoon season approached, and charcoal prices spiked in Pekon and Pinlaung. NFI prices otherwise did not shift much in March. At a township-level, NFI prices were falling in Pinlaung, but they were generally stable elsewhere. NFI prices were most stable in Taungoo and Hpapun, while Demoso saw a few rising and falling prices..."

Source/publisher: 

Myanmar Information Management Unit (Myanmar) via "Reliefweb" (New York)

Date of Publication: 

2024-04-12

Date of entry: 

2024-04-13

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar

Language: 

English

Local URL: 

Format: 

pdf

Size: 

1.07 MB

Resource Type: 

text