1. Korean top-company interests to buy Myanmar coffee
A Korean top-company is interested in buying coffee from Myanmar, U Kyaw Tiha, Managing Director of National International Trade Co., Ltd. said.
U Kyaw Tiha said that during the Cheonan 2013 International Wellbeing Food Expo organized by the Asean-Korea Center, Myanmar tea leaves and also, coffee beans from Pyin Oo Lwin and Ywar Ngan Region were exhibited at the expo and managed to capture interest.
“From the start they wanted us to bring along coffee from Myanmar. They like it and are planning to come to Myanmar to have a look at the coffee plantations in Myanmar. The price of 1 Kilo of coffee was opened at the price of US $1.6. But there are many more things still left to discuss,” he said.
Currently, the Myanmar coffee market is relying on the China’s market and with the lesser demand from China, the price is heading for dropped, he said.
“In 2011, we exported coffee to Germany and that time we received Kyat 5,000 for a kilo. Now, we only get Kyat 1,200 at most. This year there were on export, also no purchase from China, so there were heavy lost in in Ywar Ngan for nearly Kyat 2,000, Kyat 3,000 lakh,” a veteran coffee planter from Ywar Ngan said.
The interested company from Korean has been importing coffee from around the world and also is interested in investing and establishing a coffee factory in Myanmar, U Kyaw Tiha said.
“The company ranked top 10 in Korea. Also import goods from around the world. From Brazil, Sudan, Vietnam.. Their per year import reached 800 to 1, 000 ton per year,” he said.
He said that, the current marketed coffee quality is “Arabica”. Local coffee plantations are mostly mixture type and if good quality type were carefully selected, Myanmar coffee would able to capture huge international market.
In Myanmar, coffee were mostly planted in coffee plantation zones in Southern Shan state, Naung Choe, Pyin Oo Lwin, Taung Ngu district, Ta Taung and Chin state with the yearly rate of 5,000 ton. And he also told the Farmer Journal that, She Pa Zun and Premier coffee are the well established coffee company in the country.
A veteran coffee plantation villager from Ywar Ngan region said that for the development of local coffee industry, it needs to be connected with international market and advanced technology.
By Myanmar Farmer Media 미얀마 농업 신문