Coconut prices soared, with coconut prices in Vietnam, the Philippines and Thailand reaching record highs!

Affected by climate change and pests and diseases, coconut supply has been greatly reduced, and coconut prices in Vietnam, the Philippines and Thailand have hit record highs. In the provinces of Vietnam's Mekong Delta, the purchase price of fresh coconuts in coconut gardens has reached 180,000-210,000 VND/dozen (12 pieces), about 50.1-58.4 yuan/dozen. After adding transportation and grading costs, the retail price of first-grade coconuts can be as high as 25,000 VND/piece (7 yuan/piece), and the price of second-grade coconuts is 140,000-170,000 VND/dozen (38.9-47.3 yuan/dozen). Nguyen Dinh, CEO of Vietnam Fruit and Vegetable Import and Export Company Vina T&T Tung said the company had to buy coconuts at 200,000-220,000 dong/dozen. He said, "The price of coconuts is rising as fast as gold. If you buy it today, it will be more expensive tomorrow, and the supply is insufficient to meet the demand." His company exports about 7 containers of coconuts per week, each weighing 18 tons ...