Durian prices have doubled compared to 2 months ago

As the durian season in the Central Highlands comes to an end, supply has started to dwindle, causing prices to rise. According to a survey conducted over the past week, the warehouse price for Ri 6 type A (2-5 kg) is VND 135,000/kg, compared to around VND 50,000-55,000 at the beginning of August. Similarly, Monthong durian has increased from VND 70,000 to VND 150,000/ kg. For type B, Ri 6 is priced at VND 115,000, while Monthong is at VND 130,000.

Mr. Hoang, a durian trader, noted that supply is insufficient as the season in the Central Highlands is nearing its end. Traders like him are forced to seek out off-season durians from the Mekong Delta provinces. However, the off-season yield is not enough to meet demand.

"Previously, I could purchase 10 tons a day, but now I can only get 1-2 tons", Mr. Hoang said, predicting that durian prices will continue to rise until February next year.

According to Mrs. Hong, an off-season durian grower in Cai Lay District (Tien Giang), adverse weather has caused this year's durians to bloom late, resulting in a longer harvesting period. The current yield is still low, but prices have skyrocketed compared to the main season. "Traders are paying VND 100,000/kg for Monthong durian, buying them straight from the entire garden," she shared.

In the first ten months of this year, fruit and vegetable exports are estimated to reach $ 6.4 billion, with durians accounting for nearly half of that, at $ 3 billion. China is the main export market for this fruit. In addition to fresh durians, the signing of the frozen durian export protocol between Vietnam and China has opened up significant opportunities for the agricultural sector. Frozen durian exports to this billion-strong market could reach $ 400-500 million this year.

It is forecasted that the total export value of fruits and vegetables will exceed $ 7 billion this year, increasing by more than 25% compared to 2023. In which, durians could achieve a record of $ 3.5 billion. This will be a new milestone for the fruit and vegetable sector, with durians remaining a key player.