Durians from Malaysia may be about to get cheaper, thanks to a glut in the supply. Prices for the fruit have fallen in Malaysia by up to 50 per cent over the past two weeks due to the coronavirus outbreak reducing Chinese demand.
The report quoted plantation owner and durian expert Lim Chin Khee as saying that the price of the highly prized Mao Shan Wang (MSW) variety has dropped from RM60 (S$20) to about RM30 (S$10) per kilo in Raub Pahang, known to be Malaysia's durian capital.
The country began exporting fresh whole durians to China from June last year, with the industry predicted to generate almost RM500 million to the country's total export value.
"What if the virus situation gets worse? We will have a lot of unwanted durians in cold storage," Lim reportedly told asiaone.com, as durians meant for export to China are usually frozen in liquid nitrogen freezers. As durians exported to China are usually frozen, one seller shared that the surplus stock is unlikely to have much of an impact as they are not commonly sold here.