Local Property News | Posted by Hnin Ei Khin
According to reports, about 70 cars which carried raw materials for CMP were imported from the Muse 105-mile trading zone from March 11 to 17.
The price of raw materials has increased to about $ 3 million.
Only 30 cars were imported per day until March 10.
Trade reducing is a common occurrence during Chinese New Year's holidays every year, but the trade came to a halt due to the spread of the COVID-19 virus.
On January 24, the Chinese New Year, the import of CMP raw materials increased from 40 to 50 cars per day, and there were from one car to three cars after January 17.
There were no imports in some days. Moreover, the trade was also affected in Muse, lwaljel, Chin Shwehaw and Kanpaikti trading stations.
But as of February 15, heavy trucks can enter Shweli, Kyalkhaung, Jiegao townships, which have not been infected in China and therefore there were between five and seven cars a day on CMP raw materials import.
On the night of March 17, the cargo planes carrying raw materials from China arrived in Myanmar, which was in dire need of domestic textiles.
Written by iMyanmarHouse.com Team
Credit: iMyanmarHouse.com
