Bayinnaung Market ( my, ဘုရင့်နောင်ဈေး; also Bayintnaung Market), located in northwestern

Yangon Yangon ( my, ရန်ကုန်; ; ), formerly spelled as Rangoon, is the capital of the Yangon Region and the largest city of Myanmar (also known as Burma). Yangon served as the capital of Myanmar until 2006, when the military government ...

, is the largest agricultural commodities trading market in

Myanmar Myanmar, ; UK pronunciations: US pronunciations incl. . Note: Wikipedia's IPA conventions require indicating /r/ even in British English although only some British English speakers pronounce r at the end of syllables. As John Wells explai ...

. Established in 1990, the market complex consists of two-story shop houses with floor areas of . It is the only legally permitted wholesale center of

beans A bean is the seed of several plants in the family Fabaceae, which are used as vegetables for human or animal food. They can be cooked in many different ways, including boiling, frying, and baking, and are used in many traditional dishes thr ...

and

pulses In medicine, a pulse represents the tactile arterial palpation of the cardiac cycle (heartbeat) by trained fingertips. The pulse may be palpated in any place that allows an artery to be compressed near the surface of the body, such as at the nec ...

in the country, which exported 1.34 million tonnes of

and

in 2007 for a total value of US$750 million. Matpe is the most common bean and pulse export at the market. In August 2009, about 4000 tonnes of matpe, green mung,

pigeon peas The pigeon pea (''Cajanus cajan'') is a perennial legume from the family Fabaceae native to the Old World. The pigeon pea is widely cultivated in tropical and semitropical regions around the world, being commonly consumed in South Asia, Sout ...

and

chickpeas The chickpea or chick pea (''Cicer arietinum'') is an annual legume of the family Fabaceae, subfamily Faboideae. Its different types are variously known as gram" or Bengal gram, garbanzo or garbanzo bean, or Egyptian pea. Chickpea seeds are hi ...

were traded daily. The market is the main wholesale center of dried fish and prawns for mainly domestic markets. The market is at the center of the planned Internet-based commodities information network that will link all of the country's wholesale commodity exchange centers, to achieve consistent pricing and operations in line with international market prices.

's wholesale commodity exchanges are currently only connected by telephone. As of October 2008, only Banyinnaung has the system, which displays local prices for beans and pulses in real time. Domestic and international prices for edible oil crops, onions, garlic, potatoes, chili are expected to be added soon. Since August 2009, the Myanmar Pulses, Beans and Sesame Seed Merchants’ Association requires that all domestic and international transactions be concluded here at Bayinnaung Market.

References

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Links

Burma Markets Information Daily
accessed December 11, 2017. Shopping malls and markets in Myanmar Buildings and structures in Yangon Economy of Yangon