Bayinnaung Market
| ဘုရင့်နောင်ဈေး | |
| Map | |
| Location | Mayangon 11062, Yangon Yangon Division, Myanmar |
|---|---|
| Coordinates | 16°51′59′′N 96°06′26′′E / 16.86639°N 96.10722°E / 16.86639; 96.10722 |
| Opening date | 1990; 35 years ago (1990) |
Bayinnaung Market (Burmese: ဘုရင့်နောင်ဈေး; also Bayintnaung Market), located in northwestern Yangon, is the largest agricultural commodities trading market in Myanmar. Established in 1990, the market complex consists of two-story shop houses with floor areas of 1,200 and 2,400 square feet (110 and 220 m2). It is the only legally permitted wholesale center of beans and pulses in the country, which exported 1.34 million tonnes of beans and pulses in 2007 for a total value of US750ドル million.[1] [2]
Matpe is the most common bean and pulse export at the market.[3]
In August 2009, about 4000 tonnes of matpe, green mung, pigeon peas and chickpeas were traded daily.[2] The market is the main wholesale center of dried fish and prawns for mainly domestic markets. The market is at the center of the planned Internet-based commodities information network that will link all of the country's wholesale commodity exchange centers, to achieve consistent pricing and operations in line with international market prices.[4] [5]
Myanmar's wholesale commodity exchanges are currently only connected by telephone.[4] As of October 2008, only Banyinnaung has the system, which displays local prices for beans and pulses in real time. Domestic and international prices for edible oil crops, onions, garlic, potatoes, chili are expected to be added soon.[5] Since August 2009, the Myanmar Pulses, Beans and Sesame Seed Merchants’ Association requires that all domestic and international transactions be concluded here at Bayinnaung Market.[2]
References
[edit ]- ^ Yi Yi Htwe (2008年10月06日). "Bank, exporters gamble on higher prices". The Myanmar Times. Archived from the original on 2008年11月23日.
- ^ a b c Thaik Zin (2009年08月31日). "Beans and pulses markets level out". The Myanmar Times. Archived from the original on 2009年09月10日.
- ^ Tin Moe Aung (2007年04月09日). "Beans and pulses traders anticipate export price rise". The Myanmar Times. Archived from the original on October 5, 2007.
- ^ a b Htin Kyaw (2008年09月08日). "No completion date set for comms trading network". The Myanmar Times. Archived from the original on 2008年09月21日.
- ^ a b Htin Kyaw (2008年10月06日). "Bayintnaung launches E-information system". The Myanmar Times. Archived from the original on 2011年07月16日.
Links
[edit ]Burma Markets Information Daily; accessed December 11, 2017.