Vietnam: Coconut prices fluctuate like the 'price of gold', and high prices for early-ripening lychees still attract customers

Published 2024년 5월 5일

Tridge summary

Hot weather conditions in Vietnam have impacted the procurement of fruit materials for export, leading to a significant increase in the price of fresh coconuts to 130,000 VND/dozen, four times the original price. The prices of these coconuts have been fluctuating greatly, resembling the fluctuation of gold prices. Meanwhile, early-ripening rose lychees are being sold at high prices, and imported fruits are becoming more affordable due to free trade agreements and the active involvement of large retailers. However, the price of green coffee in Vietnam has suddenly dropped, causing financial difficulties for farmers. Watermelon prices have Surged, providing profit for growers, and there have been changes in the airfare prices and the prices of Ca Mau crabs during the holiday season.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Hot weather, 'fresh coconut prices fluctuate like the price of gold' On May 3, according to Tuoi Tre Newspaper, at a press conference to inform about the activities of the second quarter of 2024 of Ho Chi Minh City's industry and trade industry, Mr. Nguyen Dinh Tung - General Director of Vina T&T Company - said the weather was hot and sunny. The prolonged period has affected the procurement of fruit materials for export. Currently, the price of fresh coconut has increased to 130,000 VND/dozen, 4 times higher than before. Not only is the price high but it also fluctuates strongly, the price reported in the morning is different in the afternoon when purchased is different. Businesses and traders have to compete with each other to purchase raw materials. "It must be said that the price of coconut fluctuates like the price of gold," Mr. Tung said. Rose lychees ripen early and at high prices still attract customers For several days now, according to VTC News, online markets have begun ...

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