Off-season durian prices have increased sharply, today some types cost up to 160,000 VND/kg.

Currently, farmers in the off-season durian growing areas are starting to harvest, which is expected to last until the upcoming Lunar New Year. The price of durian is also increasing sharply at this time, with some varieties reaching up to 160,000 VND/kg today.

Update on durian prices today (November 5): Off-season durian prices increase sharply

Durian prices remain high for high-quality export products and reach VND160,000/kg when entering the off-season harvest season in the Mekong Delta provinces.

In the domestic market, durian prices today, November 5, are high for export quality goods when supply is scarce.

In Tien Giang province (Mekong Delta region), Ri6 durian is currently purchased by traders at 135,000 - 140,000 VND/kg, an increase of about 30% compared to last month. With an average yield of 20 - 25 tons/ha, each hectare harvested at the right time now, after deducting costs, farmers earn a profit of no less than several billion VND.

Normally, around April or May every year, farmers start to process the crop and the durian garden will be harvested from November onwards. At this time, durian has a high price, and farmers earn high profits.

The highest price for Thai Monthong durian (also known as Dona durian) in the region is from 155,000 - 160,000 VND/kg for grade A and 140,000 - 145,000 VND/kg for grade B.

Ri6 durian also recorded a positive increase. If in August, Ri6 was only priced at 50,000 - 60,000 VND/kg, by the end of October, the purchase price at the garden was 150,000 - 155,000 VND/kg for type A and 130,000 - 135,000 VND/kg for type B.

Off-season durian prices have increased sharply, today some types cost up to 160,000 VND/kg.

Currently, durian season in Dak Lak has ended, only a few of the large gardens in Lam Dong area remain.

Along with that, the amount of off-season durian in the Mekong Delta provinces is not much, causing the supply to be limited compared to demand. This is also the reason why durian prices are higher than during the harvest season.

The Vietnam Fruit and Vegetable Association also predicts that durian prices will continue to remain high, even during the harvest season in the Mekong Delta provinces.

The reason is that Thailand's durian season is over, so Vietnamese durian will be the only one in China's market at the end of this year, when Chinese consumers increase their purchases as gifts for holidays and Tet.

According to the Vietnam Fruit and Vegetable Association, durian continues to be the largest contributor, bringing in more than 3 billion USD in 10 months, accounting for nearly 50% of total export turnover.

According to Mr. Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association, durian is a fruit that brings surprising export results. Although the main durian crop in the Central Highlands ends in October, Vietnam still has off-season products thanks to good crop spreading techniques by farmers. It is likely that this year's durian export turnover could reach 3.5 billion USD - a figure rarely achieved by any other fruit.

Experts predict that by 2025, China's durian market could reach 20 billion USD and the world's 28.6 billion USD. The demand for durian in the Chinese market is huge, and all durian exporting countries in Southeast Asia combined are still not enough to meet this market demand. Meanwhile, compared to other countries in the region, Vietnamese durian exported to China has many competitive advantages in logistics and quality. Therefore, there is still a lot of room for increasing durian exports.

According to the Vietnam Fruit and Vegetable Association, in the first 8 months of this year, Vietnam spent nearly 9 million USD to import durian from Thailand and Malaysia. Compared to the same period in 2023, durian import turnover increased dramatically, increasing nearly 11.6 times.

However, in August alone, Vietnam's durian imports were worth 182,000 USD, down 67% compared to the previous month and down 15% compared to August 2023. This shows that the growth rate of durian imports is slowing down.

According to the Vietnam Fruit and Vegetable Association, the increase in durian imports since the beginning of the year is not a cause for concern because the proportion of imported goods is very low. As of October, Vietnam's durian exports have reached more than 3 billion USD, so the import turnover is not a cause for concern.

Source: https://baodaknong.vn/sau-rieng-trai-vu-tang-gia-manh-hom-nay-co-loai-len-toi-160-000-dong-kg-233546.html