Vietnamese durian prices drop 30% in one month

Published 2023년 5월 7일

Tridge summary

Vietnamese farm gate prices for Ri6 durians have dropped by 30-40% due to increased competition in the Chinese market, following market access granted to Philippine durians. The current prices range from 50,000-55,000 Vietnamese dong ($2.13-2.35) per kilogram. The decrease is also attributed to the abundant supply of durians in Vietnam and the conversion of agricultural land in western Vietnam to durian plantations. The Vietnamese Ministry of Agriculture and Rural Development is advising farmers to improve cultivation techniques to ensure fruit quality and prevent oversupply.

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Original content

According to local media reports, farm gate prices of Ri6 durians in Vietnam had fallen to 50,000–55,000 Vietnamese dong ($2.13–2.35) per kilogram by the end of April, corresponding to a drop of 30–40% compared with earlier in the month. A durian purchaser named Linh from Tien Giang province said that farm gate prices for grade A and grade B durians in Vietnam were currently around 55,000 dong ($2.35) per kilogram and 48,000 dong ($2.05) per kilogram, respectively. In Thailand, meanwhile, farm gate prices for grade A, grade B and small durians were approximately 60,000 dong ($2.56) per kilogram, 50,000 dong ($2.13) per kilogram and 40,000 dong ($1.71) per kilogram, respectively. According to Linh, Ri6 durians are currently in abundant supply in Vietnam, with daily production estimated at hundreds of metric tons. She ascribed the considerable decrease in Vietnamese durian prices to the increasingly fierce market competition in China following market access recently being granted to ...

Source: Producereport