May 3, 2024 | 01:20 GMT +7

  • Click to copy
Wednesday- 23:05, 10/04/2024

Durian price doubled, profit more than VND 1 billion/ha

(VAN) Farmers in many provinces in the Mekong Delta are selling durians from VND 80,000 to 120,000/kg, with traders buying directly from the orchards.
With the current selling price, many durian farmers are making over VND 1 billion/ha in profit. Photo: Ho Thao

With the current selling price, many durian farmers are making over VND 1 billion/ha in profit. Photo: Ho Thao

According to growers in Vinh Long, Tra Vinh, and Tien Giang, traders have been buying Ri6 durians type 1 at VND 120,000/kg, type 2 and type 3 are brought from VND 80,000 to 100,000/kg, higher than the price of the previous years by VND 40,000 - 50,000/kg.

Additionally, farmers have proactively implemented measures to cope with saline intrusion to protect their durian orchards, resulting in average yields of 3 - 3.5 tons of fruit/1,000m2. After deducting all expenses, farmers are making over VND 1 billion/ha in profit.

According to the Department of Agriculture and Rural Development of Vinh Long province, there are currently over 4,000ha of durian cultivation in the province, with over 3,900ha yielding fruits and starting the harvest season.

The reason for the increase in durian prices is due to favourable conditions in the export market and the high demand during the hot season, coupled with limited supply.

However, the agricultural sector of Vinh Long province advises growers not to disrupt the supply chain despite the high durian prices, emphasizing the importance of cooperation with enterprises and cooperatives to maintain product quality and market stability, especially in the official export market.

At the same time, farmers should also refrain from expanding durian cultivation, especially in areas or terrains unsuitable for this type of tree. They should focus on improving the quality of durian products to meet export standards and requirements.

Author: Ho Thao

Translated by Hoang Duy

Rice export prices fell to 3-month low on shrinking demand, ample supplies

Rice export prices fell to 3-month low on shrinking demand, ample supplies

(VAN) India's 5% broken parboiled variety was quoted at $528-$536 per ton this week, down from last week's $538-$546. Prices hit a record high of $560 last month

Winter-spring rice harvest succeeds, rising by VND 2,000/kg.

Winter-spring rice harvest succeeds, rising by VND 2,000/kg.

(VAN) This year's winter-spring rice in Tra Vinh is successful, with rice prices increasing by VND 2,000/kg compared to last year's winter-spring crop.

Coffee prices on 04/25/2024: Robusta continues to soar

Coffee prices on 04/25/2024: Robusta continues to soar

(VAN) Coffee prices on 04/25/2024 surged across the board. Domestic coffee prices increased by VND 1,600, trading between VND 131,500 - VND 131,500/kg.

Pepper prices on 04/25/2024: Plummeted sharply

Pepper prices on 04/25/2024: Plummeted sharply

(VAN) Pepper prices in the domestic market fell by VND 1,500 on 04/25/2024, bringing the domestic black pepper price to around VND 96,500 - 97,000/kg.

Farmers are happy due to high price of winter-spring rice crop

Farmers are happy due to high price of winter-spring rice crop

(VAN) Phu Yen farmers rejoice in harvesting bumper winter-spring rice, with record-high prices.

Pepper prices on 04/24/2024: Slight increase in Dak Nong, Gia Lai

Pepper prices on 04/24/2024: Slight increase in Dak Nong, Gia Lai

(VAN) Pepper prices on 04/24/2024 decreased slightly in Indonesia. Domestic pepper prices remained stable, trading around VND 96,500 to VND 98,000/kg.

Coffee prices on 04/24/2024: Surpassed the VND 130,000/kg record

Coffee prices on 04/24/2024: Surpassed the VND 130,000/kg record

(VAN) Coffee prices on 04/24/2024 fluctuate globally. Domestic coffee prices increased by VND 2,500, reaching the range of VND 129,300 to VND 130,500/kg.

Read more