Monday, July 7, 2008

Commodity Prices on Border Increase After Road Block

Narinjara News 7/7/2008


Maungdaw: Commodity prices have skyrocketed on the western Burmese border after the primary connecting motor road between Buthidaung and Maungdaw was blocked by a landslide and collapsed bridges, said resident of Maungdaw on the Burmese border.

Some important bridges along the road have collapsed and parts of the road have been blocked by mud after heavy rains in the region.

The resident said, "Yesterday the price of normal rice went up from 19,000 kyat to 24,000 kyat, while the price of high standard rice increased to 34,000 kyat from 29,000 kyat. Other kitchen commodity prices in Maungdaw Township increased 30 percent in one day."

Another source said the standard rice will increase to 40,000 kyat if the road can not be repaired.

"It is a result of the road block because the transportation was totally stopped between Buthidaung and Maungdaw. Rice is transported by rice traders from Buthidaung to Maungdaw and the traders can't transport their rice, so the price is increasing," the resident said.

The Buthidaung-Maungdaw road is a key link on the western border, as it is the only motor road to connect with Bangladesh via land. The road was constructed during British rule in Arakan.

The border trade has also stopped, and many commodities have piled up on the two sides between Bangladesh and Burma after the road block prevented business as usual.

According to a local source, the road will be impossible to repair in a month, and will require at least six months to be fixed because it has been completely destroyed in parts by the heavy rain.

Source

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