The General Administration of Customs China (GACC) announced the "Agreement between the GACC and the Malaysian agricultural industry for the quarantine requirements with regard to the export of refrigerated durian from Malaysia to China" on May 30th, 2019. This day marked the end of the long period when Malaysia could only export frozen durian pieces to China. Datuk Vincent Chan, executive director of Shanghai Youxiang Trade Co., Ltd., gave his view on the consequences of this agreement for the Chinese durian market.
Malaysian durian
According to Vincent, "refrigerated durian only refers to the fruit flesh and fruit pulp that passed through temperatures below -30°C for a period of 30 minutes and is kept at temperatures below -18°C in storage and during transport. Whole durian require treatment at temperatures between -80°C and -110°C for a period of at least one hour. This agreement between China and Malaysia broadens the durian trade between the two countries. This is an important step for the Malaysian durian industry because Chinese market demand for durian continues to grow year after year."
Malaysian durian
"This year's supply volume is larger than in previous years. The price of durian in production areas significantly dropped in the last two weeks and this trend is expected to continue. The cost price, however, does not fall. At the same time, considering the large number of Chinese consumers and their demand for durian, the price of Malaysian durian in the Chinese market may fall, but not much."
Contact information:
Cai Fang - CEO
E-mail address: sophia.cai@sovininternational.com