Durian prices are rising.

TIEN GIANG: The price of durian is currently 50% higher than before it was officially exported, equivalent to the highest price reached in early 2023.

Durian prices have continued to remain high for over a year. Photo: Minh Đảm.

Currently, traders are buying Grade A Monthong durian directly from the orchards at prices ranging from 160,000 to 175,000 VND/kg, while Grade A Ri 6 durian is priced from 110,000 to 120,000 VND/kg. Grade B durian is priced 10,000 to 15,000 VND/kg lower than Grade A.

According to Mr. Ngo Tan Trung, Deputy Director of Ngu Hiep Durian Cooperative (Cai Lay district, Tien Giang province), this year's unfavorable weather conditions have resulted in unsuccessful off-season flowering attempts by farmers, with yields only reaching 50-60% compared to the same period last year.

Tien Giang province currently has approximately 22,000 hectares of land dedicated to durian cultivation. The area under the province's durian development project alone covers nearly 15,000 hectares, of which almost 13,000 hectares are currently bearing fruit. Ri 6 durian accounts for 49% and Monthong for 47% of the total area.

According to the Department of Agriculture and Rural Development of Tien Giang province, in 2023, the cost of durian production was approximately 354 million VND/ha, with prices higher than the same period by 30,000 – 50,000 VND/kg. With an average yield of about 28 tons/ha, the average profit earned by farmers was 1.7 billion VND/ha, higher than the same period by 500 – 800 million VND/ha and 1.5 - 2 times higher than in 2017.

Source: https://nongsanviet.nongnghiep.vn/gia-sau-rieng-tang-cao-d374946.html