Sittwe: With the hot weather and low rainfall this summer, the salt production in Arakan State is very high this year, said a salt trader from Sittwe.However, as the salt yield increases, the price of salt has been falling by the day, as the supply outpaces demand this salt season.
"In the Sittwe market, the price of salt has recently fallen to 32 kyat from 46 kyat per viss, as the salt production is very good in our state," the trader said.
A large amount of salt is exported to Burma proper by ship through the Rangoon port, but the price has been falling due to the high volume of salt coming though Sittwe from the rural salt farms.
Arakan State is a major salt producer in Burma, but there is no export market outside of the country.
In the past few years, salt from Arakan was exported and fetched a high price in Bangladesh markets, but the exports stopped after Bangladesh salt producers opposed the trade when they began losing profits to the lower-priced salt from Burma.
"Salt production is very good this season in Arakan, but salt producers are suffering from the falling prices. However, there are no plans of the government to provide a buttress for salt production in Arakan State," the trader said.
Even though Arakan State is a major salt producer in Burma, there are no factories and no one with the technical skills to produce salt to international quality standards. Because of this, Arakanese salt is primarily used for raw materials.
Source :http://www.narinjara.com/details.asp?id=2569
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