250,000 VND per kg of Chinese peaches

A box of 6 Chinese peaches, 2 kg, is being sold at many stores for half a million VND - about 250,000 VND per kg, and is very popular.

Chinese peaches are in the early season and many varieties are imported into Vietnam. Of these, the price of smooth-skinned peaches with yellow and green hearts ranges from 7,000 to 12,000 VND per kilogram, hairy peaches are 20,000 to 25,000 VND, and honey peaches are 40,000 to 50,000 VND.

In addition, there is also a type of Chinese peach on the market that is expensive, up to 500,000 VND for a box of 6 fruits (2 kg), or about 250,000 VND per kg, 5-7 times higher than the normal type.

"This peach is pinkish red, crunchy and sweet, weighing 350-400 grams each. This is the most expensive fruit of this country in the Vietnamese market," said a trader.

A box of 6 Chinese peaches is sold for nearly 500,000 VND. Photo: Linh Dan

According to Ms. Kieu Oanh, a fruit shop owner in Tan Binh District, this year's peach prices are 10-15% higher than last year. However, the supply is still not enough to sell. "This week, I imported about 100 boxes of high-quality peaches, all of which have been ordered by customers," Ms. Oanh said.

Ms. Lanh, a fruit shop owner in Binh Thanh District, said that the peach season is very short, only 1-1.5 months. This year, China prioritizes domestic consumption and reduces exports, so the price of this item has increased. "I placed an order three days ago, and all the suppliers said it would take two more days to have enough goods to deliver," Ms. Lanh said.

Sharing the same view, Ms. Nguyen Thi Tam - a peach importer in the North - said that this year, China no longer tightens "zero Covid" so this fruit is prioritized for domestic consumption, causing export output to decrease, pushing prices up. In addition, peaches are perishable, so transportation and storage costs increase, traders only import according to customer orders.

"Last year, I imported 2-3 trucks (10 tons per truck) each time, but this year I can only get 1 truck," said Ms. Tam. Currently, each batch of goods arrives, Ms. Tam distributes at Long Bien market (Hanoi) and half is transported by air to Saigon.

According to importers, in about 2 weeks when many peach varieties are in season, prices will cool down.

Statistics from the General Department of Customs show that in the first 5 months of this year, Vietnam spent nearly 260 million USD to import vegetables and fruits from China. Of these, oranges, apples, and peaches are the most imported items. In the near future, when China's plum and pear season is in full swing, goods will flood into Vietnam.

Hong Chau

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