Vietnamese agricultural products have high prices

Published 2023년 2월 10일

Tridge summary

Since China reopened its borders after three years of pandemic closure on January 8, 2023, agricultural trade activities have surged, leading to a significant increase in the prices of various agricultural products in Vietnam. Fruits such as dragon fruit, durian, and jackfruit have seen prices rise by 2-3 times compared to the same period last year. Other crops like sweet potatoes, taro, and watermelon have also experienced price hikes. The surge in prices is primarily due to the resumption of customs clearance to China, increased factory purchasing activities, and a decrease in the supply of some products. The Vietnam Fruit and Vegetable Association predicts a growth of over 20% in fruit and vegetable exports in 2023, with a turnover of over 4 billion USD.

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

Original content

From January 8, China opened its doors after 3 years of the pandemic, making the passage through Vietnam's border gates bustling. Procurement and processing activities at factories were vibrant again, creating momentum for many agricultural products in the first months of the year to increase prices by 2-3 times over the same period. The survey shows that fruit is the group with the strongest increase in price. The price at the garden with white flesh dragon fruit is 18,000-25,000 VND per kg, red flesh is 35,000-38,000 VND. With durian, the price increased to an unprecedented 190,000 VND per kg for Thai monthong, 150,000 VND per kg for Ri 6. As for custard apple (na) the price in the garden is 50,000-60,000 VND per kg, Thai jackfruit 18,000-25,000 copper. Ms. Linh, a longtime trader in Tien Giang, said that this year, the prices of fruits competed with each other "fever". With durian, this is the first year she has to pay a commission of 1,000 VND per kilogram to the person who ...

Source: VNExpress