"Chinese consumers have turned their attention to online shopping since the outbreak of Covid-19. As the volume of online purchases grows, so does the volume of Malaysian durians exported to the Chinese market. At this moment, the export price of our Malaysian durian is around 90-98 yuan [12.89-14.04 USD] per kg. That is around 10%-20% higher than last year." This is according to Zeng Jiancheng, executive board member of Million Miles Food Co., Ltd.
"The export price of Malaysian durians did not decline but increased instead, which is surprising considering the weak market conditions. One reason for this development is a decline in the production volume of Malaysian durians due to extreme weather conditions. The overall production volume decreased by 30%. Another reason is increased interest from Chinese fruit importers. Many of their regular fruit imports suffer during this pandemic and so they shift to online sales of Malaysian durian. They stimulate market demand for durian. And this is not just the case for durian export, domestic sales of Malaysian durian have gone up as well."
"We mainly export our durian to China (mainland, Hong Kong, and Macao) and Australia. About 70% of our export volume is destined for China. The most popular durian variety is the Musang King durian. Our sales figures are quite good this year. The Chinese durian market is far from saturated. In China, we mainly operate in Shanghai, Guangzhou, and Xiamen."
For more information:
Million Miles Food Co., Ltd.
Tel.: +60 122 226 953