Myanmar Maize Prices Soar on Kyat Plunge

The price of maize has soared to more than 1,000 kyats per viss (35 cents per kilogram), the Global New Light of Myanmar reported, citing the Yangon Region Chambers of Commerce and Industry.

The rise in prices is attributed to the steady foreign demand and the kyat weakening against the US dollar. The price stands at $310-330 per tonne, up from $250 in December 2021.

Read the full report: Global New Light of Myanmar

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.