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In the Putao region, rice prices have doubled from the previous year

Pajau Media Channel (Commodities News)



In the Putao area, during the middle of this year’s rice harvesting season, the price of one box of rice (16 kg) is up to 12,000 kyats at the local price. Putao local ‘Malikhu (Pseudonym)’ said that the price has increased by almost half compared to previous years.


In previous years, even in the new season of rice, they had to buy only up to 5,000 kyats for a box of rice as the highest local price, but this year, the price has more than doubled, and the local people are worried.


The people of Putao area mainly make a living from agriculture, but since the political change period of 2021, the number of people working in agriculture has been reduced by half due to the rising fuel prices and the rising prices of agricultural equipment.



This year, the reason why the prices of rice and paddy have soared is that the gold industries in Putao region have been working extensively. It is also said that the increase in price is due to the increased in consumption demand from gold mining in the region.


According to locals, if the price of rice and paddy rises during this season, the price of rice during the rainy season may become alarming.


In addition, the current price of gold in Putao Township is between 13,000 to 15,000,000 per tical and Bark gold is priced between 15,000,000 to 17,000,000 per tical. And 92 gasoline is 3,630 kyats per liter, 95 gasoline is 3,750 kyats per liter, The price of premium diesel is 3,730 kyats per liter and regular diesel is 3,710 kyats per liter. Basic food products have already doubled compared to previous years.


Photo -KNG

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