W13: Weekly Durian Update

Published 2023년 4월 3일

Thailand

Thailand Durian Makes Another Chinese Conquest With USD 14.5M (THB 500M) Export Deal (Mar 28)

Thai durian exporters and Yunnan Dimiao Electronic Commerce Ltd. have signed a memorandum of understanding to buy USD 14.5M (THB 500M) of durians from Thailand over five years. Trade between Thailand and Yunnan province totaled USD 2.34B (THB 80.53B) in 2022.

Accelerates to Help Durian Farmers in the Eastern Region of Thailand Affected by the Storm (Mar 30)

Mr. Rapiphat Chantarasriwong and Ms. Mananya Thaiseth, Deputy Minister of Agriculture and Cooperatives, have assigned themselves to help farmers in the eastern region affected by the storm. They are also responsible for inspecting durians in the packing house to prevent inferior quality durian from entering the market.

Vietnam

Musang King Durian Grown in Vietnam Is More Expensive Than Imported Ones (Mar 27)

Musang King durian (shelled) grown in Vietnam costs USD 63.87-76.64 (VND 1.5-1.8M), up 10% over the same period in 2022, several hundred thousand dong more expensive than imported goods. Musang King of Malaysia is rated as the best durian in the world and is sold in many fruit stores in Ho Chi Minh City, Can Tho, and Hanoi. Imported durians from Malaysia are 20% cheaper than goods grown in Vietnam due to their freshness, higher transportation costs, and difficulty to preserve. By July-August 2023, when the commodity is in full bloom, the price can cool down.

Don’t Let Your Hands Go Blank Because They Race to Grow Passion Fruit and Durian in Vietnam (Mar 27)

After durian and several agricultural products and fruits were officially imported by China, many people flocked to plant them. Overheating development without planning and orientation has and will continue to cause many consequences for both the growers and the economy. Mr. Nguyen Nhu Cuong warned that hot development of durian could lead to oversupply in the next few years. Hot growing areas for various agricultural products, such as durian, orange, and passion fruit, have been identified in the Mekong Delta, Southeast, and Central Highlands regions.