Rescuing melons in Vietnam because restaurants, hotels, karaoke reduced purchases

Published 2021년 5월 17일

Tridge summary

Social media accounts are promoting the sale of melons at significantly reduced prices, with some selling for as low as 20,000 VND/kg, which is half the usual market price. This is due to a decrease in consumption, particularly among restaurants, hotels, bars, and karaoke establishments, which are heavily affected by the epidemic. An agricultural company is rescuing melons by selling them at retail prices lower than wholesale, contributing to the oversupply of domestic cantaloupe melons.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In recent days on social networks, many accounts have appeared calling for the rescue of melons at very cheap prices, only about 35,000 - 40,000 VND/kg (retail price) for grade 1 melons grown in greenhouses, which is not equal to 50% of the previous market price. Melons are also sold by many peddlers for only 20,000 VND/kg (usually 2, 3 or melons grown in the field). This is strange because cantaloupe has always been in the mid-range segment and up. Currently, a melon wholesaler named KF (HCMC) is also implementing a program to rescue melons with retail prices that are cheaper than wholesale prices (combo 2 fruits 100,000 VND/kg, each fruit from 1.2 - 1.7 kg). The unit is expected to consume about 10 tons of grade 1 cantaloupe in a week and may finish earlier when out of stock. According to the reporter's research, this is a unit that constructs and installs greenhouses, provides input materials and transfers melon growing technology to farmers and then sells products. Talking to ...

Source: CafeF