Fluctuations are sharp, durian prices remain low.

Agricultural product prices today, August 5, 2024: Papaya prices rise sharply.

After a period of low prices, papaya prices in many localities in the Mekong Delta have recently surged again to 4,000-6,000 VND/kg, much to the delight of papaya growers.

Farmers in many areas are selling various types of papaya, including yellow-fleshed, red-fleshed (Japanese variety), and yellow-fleshed (Taiwanese variety), to traders and purchasing centers at prices ranging from 8,000 to 12,000 VND per kilogram.

Agricultural product prices today, August 5, 2024: Papaya prices rise sharply.

These prices are more than double what they were in the early months of 2024. The price increase is due to reduced supply, as there isn't much papaya ready for harvest, and farmers in many areas have reduced their planting area. Many papaya orchards have also experienced reduced yields, with trees being knocked down by recent storms.

Pepper prices fluctuated sharply today.

In the Southeast region, prices decreased by 1,000 VND/kg in some localities compared to yesterday, trading around 145,000-146,000 VND/kg. The highest purchase price was in Dak Lak, Dak Nong , and Ba Ria-Vung Tau provinces at 146,000 VND/kg.

The price of pepper in Dak Lak is being purchased at 146,000 VND/kg, a decrease of 1,000 VND/kg compared to yesterday. The price of pepper in Chu Se (Gia Lai) is being purchased at 145,000 VND/kg, also a decrease of 1,000 VND compared to yesterday. The price of pepper in Dak Nong today is recorded at 146,000 VND/kg, a decrease of 1,000 VND/kg compared to yesterday.

Pepper prices fluctuated sharply today.

In the Southeast region, pepper prices today decreased by 1,000 VND/kg compared to yesterday. Specifically, in Ba Ria - Vung Tau, the price is currently at 146,000 VND/kg, down 1,000 VND/kg from yesterday; in Binh Phuoc , the price remains at 146,000 VND/kg, down 1,000 VND/kg from yesterday.

At the close of the most recent trading session, the International Pepper Association (IPC) listed the price of Indonesian Lampung black pepper at US$7,176 per ton, and Muntok white pepper at US$8,793 per ton.

The price of Brazilian ASTA 570 black pepper is $6,750/ton. The price of Malaysian ASTA black pepper is $8,500/ton; the price of Malaysian ASTA white pepper is $10,400/ton.

Vietnamese black pepper prices remained consistently high, trading at US$6,000/ton for the 500 g/l variety; US$6,600/ton for the 550 g/l variety; and white pepper at US$8,800/ton.

Durian prices are currently low.

Durian prices are highest in the Southwestern and Southeastern regions of Vietnam and lowest in the Central Highlands. Prices at the farm will be 3,000-5,000 VND/kg lower than the prices at the wholesale market, depending on the purchasing method (bulk purchase or selective purchase).

In the Southwestern region of Vietnam, durian prices today remained stable compared to yesterday for Thai durian. High-quality Ri6 durian was priced at 62,000 – 65,000 VND/kg, while lower-quality Ri6 durian was priced at 52,000 – 55,000 VND/kg. High-quality Thai durian was priced at 82,000 – 85,000 VND/kg, while lower-quality Thai durian was priced at 62,000 – 65,000 VND/kg, a further decrease compared to the previous day.

Durian prices are currently low.

For durian in the Southeast region, prices remained unchanged compared to yesterday. Specifically, the purchase price at the wholesale market was 60,000 – 62,000 VND/kg for high-quality Ri6 durian and 50,000 – 55,000 VND/kg for lower-quality Ri6 durian; high-quality Thai durian was priced at 82,000 – 85,000 VND/kg; while lower-quality Thai durian remained at 62,000 – 65,000 VND/kg.

In the Central Highlands region, the price of high-quality Ri6 durian is 58,000 – 60,000 VND/kg, while the price for lower-quality Ri6 durian is 50,000 – 52,000 VND/kg; high-quality Thai durian is priced at 80,000 – 85,000 VND/kg; and lower-quality Thai durian is priced at 60,000 – 62,000 VND/kg.

The price of dried coconuts has increased from 5,000 to 20,000 VND per dozen.

Compared to about a month ago, the price of dried coconuts in many localities in the Mekong Delta has increased by at least 5,000-20,000 VND per dozen (12 coconuts) and is currently at its highest level in over a year. Currently, dried coconuts are sold at the farm to traders for 95,000-110,000 VND per dozen.

The price of dried coconuts has increased from 5,000 to 20,000 VND per dozen.

As for whole dried coconuts, large ones and peeled coconuts weighing 1.2kg or more, many coconut processing facilities and businesses purchase them directly from factories at a price of 110,000-120,000 VND per dozen.

Prices are rising due to reduced supply as coconut yields decrease at this time of year, while demand is increasing. Many small traders and businesses are stepping up purchasing for export and for processing into products for domestic consumption…

Ngoc Linh ginseng prices have dropped by half.

Grade 1 Ngoc Linh ginseng sold at the ginseng market in Nam Tra My district, Quang Nam province, is now priced at 120 million VND per kilogram, a decrease of half compared to the same period last year.

The 6th Ngoc Linh Ginseng Festival in Nam Tra My district is currently underway. A farmer from Tra Linh commune brought a 700-gram ginseng plant with 5 branches, tubers, and roots over 7 cm tall, heavily laden with fruit, to the market for sale. They priced the plant at 200 million VND and three plants weighing 500 grams each at over 70 million VND. Last year, the 700-gram plant fetched 400 million VND, and three 500-gram plants sold for 150 million VND, but this year the price has been halved and no one is interested.

More than 10 stalls here are selling Ngoc Linh ginseng, which the authorities guarantee is genuine ginseng from local people and businesses. Grade 1 ginseng (10 roots per kilogram) is priced at 100-120 million VND, a 50% decrease compared to last year. Similarly, grade 2 ginseng (20 roots per kilogram) costs 80-90 million VND, compared to 95-135 million VND last year.

Grade 3 ginseng (30 roots per kilogram) costs approximately 65-75 million VND, grade 4 ginseng (40 roots per kilogram) costs 50-60 million VND, and grade 5 ginseng (50 roots per kilogram) costs 40-50 million VND. Compared to last year, ginseng prices have decreased by 10 to 30 million VND per kilogram. The larger the ginseng root, the more significant the price drop.

According to the owner of a ginseng cultivation and trading business at the market, Ngoc Linh ginseng prices began to rise in 2015. For example, in 2020, grade 1 ginseng sold for 240 million VND per kilogram, while grade 5 ginseng fetched 60-75 million VND. By mid-2023, Ngoc Linh ginseng prices began to plummet.

Nam Tra My district has planned a Ngoc Linh ginseng cultivation area of ​​over 15,000 hectares, currently preserving about 100 hectares, equivalent to approximately 2 million plants. Ginseng is cultivated by more than 1,500 households on about 1,650 hectares and by 18 businesses on over 340 hectares. Annual production is approximately 10 tons, valued at 600 billion VND.

Source: https://congthuong.vn/gia-nong-san-hom-nay-58-tieu-bien-dong-manh-gia-sau-rieng-o-muc-thap-336941.html