Vietnam: The price of desiccated coconut doubled after the gap

Published 2021년 10월 29일

Tridge summary

Ben Tre province in Vietnam has seen a significant increase in the selling price of coconuts, reaching 130,000 VND a dozen after a period of social distancing to prevent epidemics. This price surge is attributed to the reopening of coconut processing factories and the export of Ben Tre coconuts to over 50 countries, including the US and Japan. The province, which has over 74,000 hectares of coconuts, relies on the crop for the income of about 800,000 people. The shift by businesses towards exporting high-end products has also increased the value of coconuts.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At midday at the end of October, traders brought their tricycles into the garden of Mrs. Tran Ngoc Diem (Binh Hoa commune, Giong Trom district) to buy coconuts. Ms. Diem has grown 5,000 m2 of coconuts for more than 20 years, which is the main source of income for the family. From July to September, Ben Tre has to social distance to prevent epidemics, causing the price of desiccated coconut to drop to 50,000-70,000 VND a dozen. In many places in remote areas, traders can't come to buy, causing gardeners to lose income. After Ben Tre returned to a new normal, Mrs. Diem's coconut garden had traders come in to buy. Dried coconut is sold for 130,000 VND a dozen, coconut water is also from 80,000 to 90,000 VND a dozen. "A coconut is about over 100 fruits, calculated once a month, I earn over 6 million dong," Ms. Diem said. In addition, many other coconut growers are also in the harvest season and said this time their income is stable because of the high selling price, ranging from ...
Source: VNExpress

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