YANGON, Feb. 5 (Xinhua) -- Mass production and market competition of edible bird's nests have brought down its prices in the domestic market, the official Global New Light of Myanmar reported Monday.
Despite decrease in prices, demand for the bird's nests increased in recent months, said sellers in Myeik, the country's southern Tanintharyi region where such edible bird's nest are mainly produced.
The market is active due to an increase in the number of visitors, the sellers added.
Depending on their grading, a viss (3.6 pounds) of finished edible bird's nests is sold for 3.8 million kyats (2,794 U.S. dollars), while a viss of raw material was worth 2.7 million kyats in the local market.
Edible bird's nests are animal products harvested for human consumption and also expensive marketable products due to their health benefits.