4 October 2022
MYANMAR imported over 10,000 tonnes of fertilizer worth US$6.491 million through maritime trade in the second and third weeks of September 2022.
During two weeks, Myanmar imported about 6,000 tonnes of fertilizer from China, over 350 from the Republic of Korea, over 800 from China (Taipei), over 1,000 from Thailand and over 2,100 from Viet Nam. The country’s fertilizer import is primarily from neighbouring country China. The volume of fertilizer import is, however, down by over 13,000 tonnes compared with the corresponding period of the year ago period.
Meanwhile, the country imported over 6,200 tonnes of fertilizer worth $3.023 million this week through land borders with about 2,500 tonnes from Thailand, over 1,800 from India and about 2,000 from China. Thailand is the main supplier of fertilizer in border trade this week. The volume of imports increased by 1,600 tonnes compared with the year-ago period.
The prices of fertilizer moved in the range between K80,000-163,000 per 50-kg bag depending on the brand (Myanma Awba, Thai Grow How, Pale) and types of fertilizer in the second week of September. The prices stood at K78,000 to K168,000 per bag in the third week of September in the domestic markets.
Additionally, the prices of Malarmyaing brand Cypermethrin 10 per cent insecticide 100cc and 500cc were K3,100 and K13,000 per bottle.
