Vietnam: Why do off-season durian prices in the Mekong Delta provinces continue to increase?

Published 2024년 11월 9일

Tridge summary

Durian prices in Vietnam have surged during the off-season, reaching over 190,000 VND/kg due to a scarce supply. This increase is expected to persist, even after the harvest season in the Mekong Delta provinces, as demand remains high, particularly from China. The country's durian exports have seen a significant increase of 63% in the first 9 months of 2024, largely to China, due to improved quality, competitive pricing, and short shipping times. The Vietnam Fruit and Vegetable Association anticipates that durian export turnover could reach 3.5 billion USD this year, with the Chinese market potentially reaching 20 billion USD by 2025.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Off-season durian prices increase sharply In the domestic market, today's durian price on November 8 remained high for good quality export products when supply is scarce. Off-season durian prices remained high for good quality export products and reached over 190,000 VND/kg when entering the off-season harvest season in the Mekong Delta provinces. Recorded on November 8, durian prices in Tien Giang province continued to increase compared to previous days. In Cai Lay area, many agricultural warehouses purchased Monthong (Thai) durian type A at prices ranging from 190,000 - 195,000 VND/kg (2.7 boxes, from 1.9 - 5.2 kg), type B at 170,000 - 175,000 VND/kg (2.5 boxes, from 1.7 - 5.6 kg). Ri 6 durian type A costs 130,000 - 140,000 VND/kg (2.7 boxes, from 1.9 - 5 kg), type B costs about 115,000 VND/kg (2.5 boxes, from 1.7 - 5.5 kg). According to records, in recent days, the price of Thai durian has increased the most. Normally, around April or May every year, farmers start to process ...

Source: Industry and Consumption Newspaper