Vietnam: Fruit prices drop, gardeners in Tra Vinh are struggling with losses

Within just over a week, gardeners in Tra Vinh province continued to suffer heavy losses because the prices of some citrus fruits, mangoes, and pomelos fell, especially oranges and Taiwanese mangoes, Thai mangoes. reduced to 2,000-4,000 VND/kg. Mr. To Van Nghia, a gardener in Phu Can commune, Tieu Can district, said that there has never been a year when the price of fruit has dropped to a "catastrophic" level like this year. Just 10 days ago, the price of oranges sold in the garden was 5,000 VND/kg, but now gardeners have to harvest them themselves and bring them to the barn owner and sell them for 2,000-4,000 VND/kg depending on the quality of the fruit. According to Mr. To Van Nghia, the average orange tree from three years old and above yields about 110 tons/ha/year. The cost of fertilizers and pesticides for the orange tree to produce fruit each harvest season costs from 40 million to 50 million VND/ha. With the current price of oranges, gardeners consider them empty-handed, ...