Asia Edition
Jackfruit growers in Vietnam’s Mekong Delta are worried as prices of their produce have been going down. They now sell jackfruit at VND1,000-5,000 per kilogram, while they need to sell at VND10,000 per kilogram to break even. Local traders have said that jackfruit exports to China are going very slowly, which explains why domestic prices have stayed at low levels. Meanwhile, the output is predicted to be high and farmers are continuing harvests from now to 2022 Tet holiday.
Secretary General of the Vietnam Fruit and Vegetables Association Dang Phuc Nguyen said at a recent forum that the association has received information about China’s intention to suspend imports for at least six weeks during the Tet holiday. This may worsen the disruption of the global supply chain.
Guangxi's Pingxiang International Fruit Association said that 100 percent of Vietnam’s fruit exports to China must be inspected, while the figure is just 30 percent for Thai products.
[ VND100 = €0.0039 ]
Source: vietnamnet.vn
