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Labrish
Nyuuz
MAPCO dumps 6,000 tons of black gram in India and Pakistan as prices tank
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[QUOTE="Munyaradzi Mafaro, post: 62906, member: 636"] Myanmar Agribusiness Public Corporation shipped 6,000 metric tons of black gram to South Asian markets during the second week. The state firm exported 4,250 tons through Chennai while sending 1,725 tons via Karachi to Pakistani buyers. The enterprise operates contract farming across nearly 20,000 acres with local growers and provides seeds plus fertilizer to monsoon paddy cultivators. Industry groups project that pulse exports will surpass 1.8 million tons this fiscal year, generating $1.5 billion in revenue. Myanmar sold 2.14 million tons of legumes abroad last financial year, but prices have softened amid weaker international demand. A 2021 bilateral agreement allows India to purchase 250,000 tons of black gram and 100,000 tons of pigeon peas annually through 2026. Black gram grows almost exclusively in Myanmar, while competitors in Africa and Australia cultivate other pulse varieties for global markets. Trade associations note Indian consumption drives sustained demand for these specialty crops. [/QUOTE]
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Labrish
Nyuuz
MAPCO dumps 6,000 tons of black gram in India and Pakistan as prices tank
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