American cherry returns to Vietnam at a record low price

Published 2023년 8월 8일

Tridge summary

American cherries are currently being sold at a significantly lower price in Vietnam compared to last year, leading to increased purchasing power and demand. The low prices are attributed to an abundant supply and the promotion of agricultural products by the Ministry of Agriculture in the US. The US Department of Agriculture projects a significant increase in cherry production this year, further contributing to the favorable export prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ms. Loan, who loves foreign fruits, said last year she had to spend half a million dong to buy a kilogram of cherries from the US, now the same amount can buy 2 kilograms. "This is the lowest price ever," she said. Records at imported fruit stores also show that American cherries are for sale at 250,000-340,000 VND per kilogram (depending on size), down 50% compared to the same period last year. Especially with yellow cherry - the more advanced type, also only costs 350,000 VND per kg. Selling American cherries for 1.2 million VND a box of 5 kg, Ms. My Hanh - a sales focal point in Tan Binh district - thinks that this price is cheaper than 2019 (the first year the price of American cherry was about 300,000 VND per kg). ). "This year, I imported to Vietnam with the quantity of 500 barrels, up 30% compared to last year. Because of the low price, it is very attractive to customers", Ms. Hanh shared. Lan Anh - owner of an imported fruit shop in Binh Thanh district - also said that ...
Source: VNExpress

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