Vietnam: Lai Thieu mangosteen crop has failed, Thai mangosteen flocked to the markets

Published May 18, 2024

Tridge summary

Thai mangosteen is dominating the Vietnamese fruit market due to its high supply and lower prices compared to domestic mangosteen, which has failed to meet domestic demand due to hot weather and water shortage. This has resulted in a significant loss in the mangosteen crop in Lai Thieu, up to 90%, and a drastic reduction in output. Consequently, small traders are importing Thai mangosteen in large quantities to meet demand, as it is more appealing and less worm-prone. The situation has led to a significant increase in the retail sale of Thai mangosteen, despite its higher price quote compared to previous years.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Thai mangosteen dominates the market As noted by a reporter from Vietnam Agriculture Newspaper in Ho Chi Minh City, mangosteen has begun to be sold in many fruit stalls, traditional markets and on the roadside. However, according to stall owners, most of these are Thai mangosteen. At Pham Van Bach market (Tan Binh district), Cay Sop market (district 12), Xom Moi market (Go Vap district), Thai mangosteen is sold at prices from 50,000 - 65,000 VND/kg. Ms. Hoa, owner of a fruit stall at Cay Sop market (District 12) said: "Every year I usually sell mangosteens from Lai Thieu (Binh Duong province) or Dong Nai, Western provinces, but up to now I have not. have goods for sale. The price for selected products is too high, traders quote from 130,000 - 145,000 VND/kg, making it very difficult to trade." At the beginning of May every year, the price of Thai mangosteen is usually sold at 100,000 VND/kg. Some years, the selling price at the beginning of the season is up to 200,000 VND/kg. ...
Source: Agriculture
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