LED by the Myanmar Edible Oil Millers Association, the pre-Thingyan market fair of cooking oils (peanut oil, sesame oil, sunflower oil and soybean oil) manufactured domestically will be held for four days at two separate locations in Yangon.

The first is located in front of the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) on Min Ye Kyawswa Street in Lanmadaw Township, and the second is located in front of Shwe Ohn Pin Housing on Yan Shin Street in Yankin Township. The event is scheduled from 9 am to 5 pm.

“We have two main objectives: first, we want consumers who enjoy peanut oil, sesame oil and sunflower oil, to have access to good-quality oil at affordable prices, and second, our local products can be used for import substitution, so we are making an effort to prove it. To make sure, our oil millers have also worked together with farmers for edible oil crops security,” an official from MEOMA told the Global New Light of Myanmar (GNLM).

Regional MEOMA members from Sagaing, Mandalay, Magway and Yangon have initially set K18,500 for peanut oil per viss; the price may vary depending on transport and packaging costs. For the welfare of consumers, MEOMA has occasionally held similar events in Yangon, the most populous region, in Thadingyut, the new year period, December or January and the Myanmar New Year, April, approximately 10 times so far.

“We will sell oil, which can provide enough for a family, but we are unable to provide for resellers. We hold the market fair three times a year so families can buy enough stock for a year,” he added.

MT/ZS

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