The price of desiccated coconut in Tra Vinh, Vietnam continues to fall sharply

Desiccated Coconut

Other Fresh Coconut

Value Added Coconut

Vietnam

Published Jun 23, 2022

Tridge summary

According to Mr. Huynh Khac Nhu, General Director of Tra Bac Joint Stock Company (TRABACO) specializing in the production of activated carbon from coconut shell charcoal and export coconut products, the reason for the sharp drop in the price of desiccated coconut was due to many months through products of coconut fiber mats, only coir, frozen coconut milk, coconut milk, etc., are restricted in export markets.

Original content

Among them, China cannot export to the large market because this country implements a policy of tightening export market management for the reason of controlling the COVID-19 epidemic. Besides, some coconut exporting countries in the region and around the world have competition to lower prices to attract customers. Mr. Ngo Van Thinh, My Cam commune, Cang Long district has 1 hectare of coconut orchards for the average harvest of 1,000 fruits/month. According to Mr. Thinh, with the current coconut price, he only has an income of about 20 million VND/month, a decrease of 40 million VND compared to the beginning of 2022, with the coconut price of 80,000 VND/dozen. Mr. Le Van Dong, Deputy Director of the Department of Agriculture and Rural Development of Tra Vinh province, said that the province has an area of nearly 25,000 hectares of coconut cultivation, ranking second in the country, just behind Ben Tre province, with harvested fruit output. about 300 million fruits/year. Although ...

Source: CafeF