During early July, the fruit prices in Ho Chi Minh City, Vietnam, are declining, hitting their lowest in years. The markets affected include Ba Chieu, Ban Co, Pham Van Hai, and Thach Da, where fruits like lychees and others are experiencing notable price decreases.
The price of durians shows a reduction of 30%-35% compared to two years prior. In some places, Ri6 durians are available for VND35,000-VND50,000 (approximately $1.50-$2.10) per kilogram. Meanwhile, rambutan is sold at VND15,000-VND25,000 (around $0.64-$1.06) per kg, and 034 avocados have reduced to VND30,000 ($1.28) per kg from previous rates of VND80,000-VND90,000 ($3.42-$3.85). Mangosteens are available at VND30,000-VND35,000 (about $1.28-$1.49) per kg.
Late-season plums are priced at VND30,000-VND40,000 ($1.28-$1.71) per kg. Lychees are generally sold for VND20,000 ($0.85) per kg for larger fruits with fresh skin and small seeds, while peeled fruits are priced at VND15,000 ($0.64) per kg. Oranges are priced at VND5,000-VND7,000 ($0.21-$0.30) per kg. Watermelon and Thai jackfruit have decreased in price as well.
The Vietnam Fruit and Vegetable Association General Secretary, Dang Phuc Nguyen, comments, "This year has seen a successful harvest of durian, lychee, rambutan, and mangosteen, with the lychee yield alone projected to exceed 300,000 tons." The demand, especially in the primary Chinese market, lags, contributing to a domestic price drop. China consumes over 50% of Vietnam's fruit exports, yet challenges like customs delays and quarantine measures create a backlog of Vietnamese goods at the border, limiting timely consumption.
Source: Saigon News
