BUSINESS

In November, the Pakokku Onion

Item Trade arrived at a record high of 47 lakh pisa throughout the mid year onion gather, bringing about misfortunes for sellers and slows down.

In previous months, I spent 10 lakhs per month. The Pakokku Onion Festival’s owners assert that only about 12 lakhs were brought in.

An onion vendor stated, “Ko Oo is more than 60 years old in Pakokku.” I have never received 4 million kyats in a single month in my 22 years of employment. In just 11 months, 47 lakhs have been received. In fact, you need to pay 10 lakhs in one month. That is just twelve lakhs. He stated that the high price of oxen, which is approximately 80 kyats per pound, is making traders and stalls lose money.

He expressed, “They don’t follow the cost.” I need to pay 80 pisa today. The remaining weight is approximately 40 to 30 pounds due to the cost of bags and labor. If you do it on a regular basis, nothing remains. Everyone is hurt. One more owner of a Pakokku onion slow down expressed, “300 washouts, 400 failures, 500 washouts, and dealers likewise lose.”

Because of Kovit-19, the Pakokku Onion Product Trade resumed on November 1 in the wake of being shut for a very long time and a half year.

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