Chilean cherries arrive in Vietnam at 'unprecedentedly low prices'

A survey at traditional markets, online fruit stores and some supermarkets in Ho Chi Minh City shows that Chilean cherries are flooding the market with many different prices. Before Tet, this fruit cost 200,000-350,000 VND per kg, now it is only 149,000-250,000 VND per kg (depending on size). This price is down 20-25% compared to the same period last year. At Ba Chieu market (Binh Thanh), small Chilean cherries cost 150,000 VND per kg, while larger ones range from 180,000-220,000 VND per kg. Ms. Lan, a vendor here, said that Chilean cherries have never been as cheap as they are now. Similarly, at a supermarket on Cach Mang Thang 8 Street, Tan Binh District, honey cherries are being discounted to VND150,000 per kilogram, and if you buy a whole 5-kilogram box, it will cost only VND690,000, or VND138,000 per kilogram. Staff there said the price drop was due to the abundant supply from Chile. After Tet, purchasing power is weak while cherries are perishable, so the price has been ...