Plans underway to sell fertilizers and inputs needed in four regions at special prices
June 30
Fertilizers and inputs needed for
530,000 acres of the monsoon paddy in four regions, including Yangon Region,
will be sold at special prices, the Ministry of Cooperatives and Rural Development
stated.
The monsoon paddy project will be
implemented in Yangon, Ayeyawady, Sagaing and Mandalay Regions.
A total of 79,500 tonnes of
fertilizer will be required for the project acreage. The MoCRD and the Myanmar
Fertilizer, Seed, and Pesticide Entrepreneurs Association (MFSPEA) negotiated
and decided to sell urea fertilizer at a particularly low price of K75,000 per
bag and K115,000 per 50-kg bag of compound fertilizer.
According to the Cooperative
Department, the MoCRD and the MFSPEA are working in coordination to sell the
fertilizers to farmers at a very low price. The sale requires recommendations
from the relevant authorities.
Myanmar imported more than 2.2
million tonnes of fertilizers from abroad in the 2022–2023 financial year to
meet the demand of local farmers, and the largest imports were nitrogen urea
fertilizers and compound fertilizers. — TWA/CT
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