Tridge summary
Malaysia's Deputy Minister of Agriculture and Food Industry, Ahmad Hamzah, has announced that durian prices are expected to double this year due to a 50% reduction in production caused by poor weather and pests, as well as increased operating costs and fertilizer prices from the Russia-Ukraine conflict. The production season is projected to be shortened and export volumes reduced. The price of the black thorn durian is predicted to exceed RM100/kg, and the Musang King variety is expected to reach RM60-80/kg, a significant increase from previous years.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
According to the Daily Mail of Malaysia, Ahmad Hamzah, Deputy Minister of Agriculture and Food Industry of Malaysia, said the price of durians is expected to double this year due to a 50% reduction in durian production due to weather. Due to factors such as poor weather conditions and pests, the production of durians in Malaysia has dropped significantly this season. Coupled with the increase in operating costs and fertilizer prices due to the conflict between Russia and Ukraine, the price of durians has also risen. A durian grower in Pahang state said that so far, only one of the 20 durian trees in his orchard has yielded fruit. Industry groups predict that this year's durian production season in Malaysia will be shortened to 3 months (June-August), and the export volume will also be reduced. will decrease. The price of black thorn durian is expected to exceed RM100/kg, which is about RMB 154/kg. The price of Musang King depends on the grade and is expected to reach ...
Source: Guojiguoshu
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.