Cherry prices are at an unprecedented low.

ANTD.VN - With prices starting from just under 50,000 VND/kg, cherries in the Vietnamese market are "cheapest ever".

Cherry prices are at an unprecedented low.

On February 14th, Ms. Ngo Tam (a fruit vendor) advertised cherries for only 249,000 VND per 5kg box. "Cherries have never been this cheap. 1kg of cherries costs only 50,000 VND, the same as a kilogram of good guava," Ms. Tam said.

The seller also described the condition of the fruit as having both firm and soft pieces, which is why it was discounted so much. If it were all firm fruit, the original price would be 1.2 million VND per 5kg box. Many sellers said that separating the firm and soft fruits would fetch a better price, but it would be very time-consuming. However, just a few hours after posting this price, Ms. Ngo Tam said she had already sold out.

Meanwhile, another seller on Facebook also stated that they would be selling cherries for 180,000 VND/kg today. This is considered a very low price for this fruit in recent years.

At organic fruit stores, cherries are still being sold for no less than 250,000 VND/kg. Similarly, at markets, fruit stalls sell cherries for between 150,000 and 200,000 VND/kg.

Regarding the reason for the unexpectedly low price of cherries, one trader said that Chile (a major cherry-growing country) had a bumper harvest this year. Meanwhile, recently, 1,353 containers of cherries on the Maersk Saltaro ship were delayed from being exported to China to meet consumer demand during the Lunar New Year.

This shipment of cherries was sold by the exporter to countries neighboring China, which is why the price dropped.

Cherries are one of the most popular fruits in Vietnam. However, due to their high price, they are usually only purchased by affluent families. According to customs authorities, in 2024, Vietnam spent $48.5 million importing cherries from various countries, a slight decrease of 0.7% compared to the previous year. In December 2024 alone, imports surged again thanks to cheaper supplies from Chile.

Source: https://www.anninhthudo.vn/gia-cherry-re-chua-tung-co-post603479.antd