Slight Price Decrease of US Cherries in Vietnam During W20

The new cherry season in 2024 stands out for its higher quality in crispness and sweetness than in previous years. Wholesalers have noted that early shipments of American cherries were often sour in past seasons and lacked crispness. However, despite being early in the season this 2024, the shipments have been highly appreciated for their quality. The Vietnamese market has faced a cherry shortage over the past three months, making the arrival of American cherries particularly significant. Consequently, there is substantial interest in these imports.

Regarding pricing, there has been a slight decrease in W20 compared to the previous week. During W19, wholesale prices were USD 100 per 5-kilogram (kg) carton for size 9R cherries and approximately USD 96/5kg carton for size 9.5R cherries. In W20, the prices have adjusted to USD 95/5kg carton for size 9R cherries and USD 91 per 5kg carton for size 9.5R cherries.