Fresh coconuts are selling out fast.

Ho Chi Minh City is experiencing hot and dry weather, so refreshing drinks and fruits are selling very well and prices have increased. Since the end of March, the price of fresh coconuts has been around 15,000 VND/fruit. Now, coconuts have risen to 21,000-22,000 VND/fruit and are selling out quickly. This is a record high price in the domestic market.

Mr. Cao Ba Dang Khoa, Secretary General of the Vietnam Coconut Association, said that this year's coconut crop failed, resulting in low production, while both domestic and export demand remain high. Not only fresh coconuts but also dried coconuts for processing have increased. According to businesses, since the beginning of the year, this week has seen new orders from China, the US, and Europe. In particular, Thailand recently shifted its production structure from dried coconuts to fresh coconuts, leading to a shortage of raw materials and increased imports of raw coconuts from Vietnam, further exacerbating the already limited supply. Meanwhile, the Vietnam Fruit and Vegetable Association reported that in the first two months of this year alone, coconut exports to the US reached over $17,000, a 46% increase compared to the same period in 2024.

According to the Department of Industry and Trade of Ben Tre province, the price of dried coconuts has doubled compared to the end of 2024, fluctuating around 200,000 VND per dozen (12 coconuts), causing raw material costs to escalate. Some businesses have been forced to import coconuts from Indonesia or expand their purchasing areas to neighboring provinces such as Tien Giang , Long An, Soc Trang, and Vinh Long to maintain production and fulfill orders.

According to sggp.org.vn

Source: https://baoapbac.vn/kinh-te/202504/dua-tuoi-chay-hang-1040706/