Durian prices in Vietnam's Central Highlands have plummeted due to heavy rains disrupting harvests, forcing some farmers to sell at significant losses, according to Vietnambiz. Traders report that unripe fruits, damaged by rain-induced premature drying, are being rejected for export, prompting some buyers to abandon their deposits entirely rather than risk purchasing defective batches. Prices for certain lots have dropped as low as $0.66/kg, well below the break-even point of $1.55/kg for most growers.
Meanwhile, the situation remains challenging across Malaysia, one of Southeast Asia's key durian exporters. According to Retail News, Singapore, which imports roughly 85% of its durians from Malaysia, experienced a delayed start to the season due to heavy rains that impacted flowering earlier this year. However, favourable weather in Pahang has since improved prospects, with a large Musang King harvest anticipated in July and August.
Despite expectations of higher volumes, volatility remains. Durian retailer Rolling Durian noted that inconsistent weather continues to limit yields, particularly in Penang, where the current harvest is considered "premium." The company anticipates prices may drop by up to 30% next month, but emphasises that unpredictable weather could still alter supply dynamics.
Source: Vietnam Biz
