Fruit prices go up, but many growers in Vietnam lack supply

Fruits

Vietnam

Published Aug 11, 2022

Tridge summary

Cat Tuong Agricultural Products Processing Company Limited (My Tho City) buys mangoes from the Mekong Delta provinces for processing and exports. At this time, many specialty fruits in Tien Giang province increased in price by 10 -20% from last month. Specifically, type 1 jackfruit costs over 20,000 VND/kg, durian 80,000 VND/kg, white flesh dragon fruit over 15,000 VND/kg, An Phuoc plum nearly 50,000 VND/kg, Hoa Loc sand mango nearly 100,000 VND/kg. Particularly, the price of dried coconut last month was about 25,000 VND/dozen, now it has increased to over 40,000 VND/dozen. The price of fruit increased due to the most attractive export markets, China and Eastern Europe; Meanwhile, fruit orchards in Tien Giang province are currently low productivity leading to "demand exceeds supply".

Original content

Cat Tuong Agricultural Products Processing Company Limited (My Tho City) purchases mangoes from the provinces of the Mekong Delta for processing and export. At this time, many specialty fruits in Tien Giang province increased in price by 10-20% compared to the previous month. Specifically, type 1 jackfruit costs over 20,000 VND/kg, durian 80,000 VND/kg, white flesh dragon fruit over 15,000 VND/kg, An Phuoc plum nearly 50,000 VND/kg, Hoa Loc sand mango nearly 100,000 VND/kg. Particularly, desiccated coconut last month cost about 25,000 VND/dozen fruits, now it has increased to over 40,000 VND/dozen fruits., Fruit prices increased because the most attractive export markets were China and Eastern Europe; Meanwhile, fruit orchards in Tien Giang province currently have low productivity, leading to "demand oversupply". Currently, some local fruit processing enterprises for export do not have enough output to supply their partners, because growers do not have enough supply for ...

Source: VNRuralEconomics