Hanoi: Nhat Tan peach blossoms increase in price sharply, even if you spend millions, it is still difficult to buy

TPO - Nhat Tan peach village, Tay Ho district, Hanoi is in the Tet season, however, due to the impact of storm Yagi, this year the output of Nhat Tan peach village has decreased sharply, and peach prices are higher than previous years.

Hanoi: Nhat Tan peach blossoms increase in price sharply, even with millions of dong it is still difficult to buy photo 1

Due to the impact of the historic storm (Yagi), this year, the output of Nhat Tan peach village - the oldest and most famous peach growing area in the North - has decreased sharply, causing peach prices to increase compared to previous years. The quantity of peaches for Tet this year has decreased significantly, especially in precious peach gardens, causing prices to increase. Traders and consumers have also started to buy early, worried that there will not be enough goods to meet Tet demand.

Hanoi: Nhat Tan peach blossoms increase in price sharply, even with millions of dong, it is still difficult to buy photo 2

Hanoi: Nhat Tan peach blossoms increase in price sharply, even with millions of dong, it is still difficult to buy photo 3

Many peach garden owners in Nhat Tan said that due to reduced output and increased prices, they only sell Tet peaches in retail, not wholesale.

Hanoi: Nhat Tan peach blossoms increase in price sharply, even with millions of dong, it is still difficult to buy photo 4

"This year, peach blossoms bloom later than last year. It's the Tet flower season but many trees have not bloomed yet. Garden owners have decided to sell them retail until close to Tet to make more profit to compensate for the peach blossoms that died due to the flood," said Ms. Nga, a peach garden owner. "In previous years, the price of peach branches like this was only about 500,000 to 2 million VND/branch, this year the price is from 1.8 to 4 million VND/branch."

Hanoi: Nhat Tan peach blossoms increase in price sharply, even with millions of dong, it is still difficult to buy photo 5

Hanoi: Nhat Tan peach blossoms increase in price sharply, even with millions of dong, it is still difficult to buy photo 6

Typhoon Yagi, which hit Hanoi in September 2024, caused serious damage to many peach gardens in Nhat Tan and neighboring areas.

Hanoi: Nhat Tan peach blossoms increase in price sharply, even with millions of dong, it is still difficult to buy photo 7

Thanks to efforts to “save the trees”, gardeners affirm that the market still meets demand, however, prices will be slightly higher than in previous years because the quantity supplied to the market is somewhat limited.