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China's 'miracle fruit' is cheaper than ever, durian price increases again

Việt NamViệt Nam06/10/2024


Chinese 'miracle fruit' floods Vietnamese market, priced at only 30,000 VND/kg

In recent years, jujubes have flooded the Vietnamese market in large quantities. Notably, despite being considered a “medicinal apple” or a “miracle fruit,” jujubes are becoming increasingly cheaper.

At this time, fresh or dried jujubes are sold everywhere in markets, stores and supermarkets. Accordingly, the price of fresh products is commonly at 30,000-70,000 VND/kg, an unprecedented low.

Ms. Nguyen Thi Nhu - a fruit dealer in Cau Giay (Hanoi) - said that at the beginning of the season, the price of jujubes was up to 130,000 VND/kg, then gradually decreased.

According to Ms. Truong Thi Hieu, a saleswoman at a large fruit store chain in Hanoi, the price of persimmons is only one-third cheaper than the same period last year. Compared to the beginning of the season, the price has dropped to only half. (See details)

Durian prices rise again

Durian prices are showing signs of increasing again. According to the Lao Dong Newspaper, on October 4, durian export purchasing warehouses in the Central Highlands announced that the price of Dona (Monthong) durian, type A, was VND100,000-105,000/kg, and type B was VND80,000-85,000/kg, an increase of about VND10,000/kg compared to the end of September.

However, a representative of the Vietnam Fruit and Vegetable Association said that although durian prices have increased, not all farmers can sell at high prices due to the rain, durian is waterlogged, not dry and not sweet enough, so it is only classified as grade C, D, or even as a waste product with a price of less than 50,000 VND/kg. This type of product can only be pureed and processed into low-value products.

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Photo: Manh Khuong

ST25 rice price increases sharply

ST25 rice has recently increased in price. According to Tri Thuc Magazine, in just half of September, Ong Cua ST25 rice has adjusted its price twice, with a total increase of 3,500 VND/kg; in the market, each kg of this rice is nearly 45,000 VND.

Updated on the company's website on October 3, the selling price of Ong Cua ST25 rice ranges from 44,400-57,000 VND per kg, depending on the type. Organic ST25 is priced at 83,500 VND/kg.

At agents distributing ST25 brand rice in Ho Chi Minh City, Mr. Cua's rice brand of engineer Ho Quang Cua has a common price of 40,000 VND/kg for normal rice fields, 43,000 VND/kg for shrimp rice and sold in 5kg bags.

Shocking coffee prices

World coffee prices on October 5 rose sharply again after two consecutive sessions of decline. According to Tri Thuc Magazine, at the end of the session on October 5, the price of Robusta coffee on the London floor for November delivery increased sharply by 146 USD to 5,067 USD/ton. On the New York floor, the price of Arabica coffee in all futures also increased by more than 2%.

In Vietnam, the average export price has reached a record, with the 9-month turnover exceeding the entire year of 2023. In September, the average export price of Vietnamese coffee reached 5,469 USD/ton, the highest level ever recorded. In the 9 months, the average price per ton of exported coffee reached 3,897 USD, an increase of 56% over the same period last year.

Tet flight ticket prices continue to rise

Airfares for the Lunar New Year 2025 are sky-high, up 8-10% compared to last year. According to Ho Chi Minh City Law Newspaper, although airlines have simultaneously opened sales of millions of airfares since mid-September, airfares to major cities and provinces are sky-high, making many people hesitate to choose.

According to a survey, on the air ticket sales systems during the peak period of the Lunar New Year (from January 22 to February 3, 2025, from December 21 to January 6), the cheapest flight price for the Ho Chi Minh City - Hanoi route is 6.8 million VND/round-trip ticket (including taxes and fees) of Vietjet Air. On the same route, Vietnam Airlines, Bamboo Airways, and Vietravel Airlines sell for 7-7.3 million VND/round-trip ticket.

The flight from Ho Chi Minh City to Hai Phong has a round-trip ticket price of over 6 million VND; the round-trip ticket from Ho Chi Minh City to Vinh is about 7.3 million VND; the lowest price for Ho Chi Minh City to Da Nang is 6.4 million VND; Ho Chi Minh City to Hue is 7.8 million VND...

Source: https://vietnamnet.vn/qua-than-duoc-cua-trung-quoc-re-chua-tung-co-gia-sau-rieng-tang-tro-lai-2329173.html


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