Vietnamese durian alone in the market, purchase price continues to skyrocket

Published 2024년 11월 19일

Tridge summary

The price of durian in Vietnam is soaring due to a scarcity in the market, especially during the off-season when production is low. The high demand, coupled with a decline in off-season durian output in the West, has led to record-breaking prices, with grade A Monthong durian selling for VND200,000/kg. Vietnam's dominance in the Chinese durian market is expected to boost the export value of fruits and vegetables, potentially reaching a new high of 7.5 billion USD. Hoang Anh Gia Lai, a company that owns the largest durian farm in Southeast Asia, spanning 1,200 hectares in Laos, is set to profit significantly from the first harvest of its 26,000 durian trees in Laos.

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

Original content

Mr. Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association, said that currently, Vietnamese durian is "alone in the market" so the price continues to skyrocket, especially during the off-season when output is low. At some times when goods are needed, warehouse owners are willing to buy Monthong durian grade A for VND200,000/kg. On November 19, according to records, durian prices at warehouses in the Mekong Delta are sky-high, good quality durian and grade A durian are both twice as high as in the main season. Grade B durian is VND20,000/kg lower and grade C is VND40,000/kg lower than grade A. Specifically: Durian prices today, November 19, 2024, recorded an increase of at least VND10,000/kg, for all types of durian compared to the same time yesterday, the highest price in the Southwest and the Central Highlands. The price of Ri6 durian is at its highest at 140,000 VND/kg compared to 65,000 VND/kg in July. The price of Thai durian in the Southwest region ...

Source: Danviet