November 1, 2024 | 09:55 GMT +7

  • Click to copy
Friday- 09:55, 01/11/2024

Thailand sees fruit prices rise as season ends, exports hit $4.45 billion

(VAN) As Thailand's fruit season draws to a close, there has been a noticeable increase in the prices of durian, mangosteen, rambutan, longkong, and mango.
From the start of the year through August, Thailand has exported 1.4 million tons of fresh fruit, reaching a market value of THB150 billion ($4.45 billion).

From the start of the year through August, Thailand has exported 1.4 million tons of fresh fruit, reaching a market value of THB150 billion ($4.45 billion).

The season in Eastern Thailand has ended with a positive trend in pricing, while the South is at the tail end, having harvested 98.6% of its durian. The Northern region has also nearly finished its season, with mango production already wrapped up.

From the start of the year through August, Thailand has exported 1.4 million tons of fresh fruit, reaching a market value of THB150 billion ($4.45 billion). Mainland China continues to be the largest market for these exports, supported by its strong purchasing power and a notable increase in imports. Other markets showing growth in demand for Thai fruits include South Korea, Hong Kong, and Malaysia, as per a report by the Bangkok Post.

Thai Commerce Minister Pichai Naripthaphan highlighted that the end of the season witnessed an uptick in fruit prices across the board, a result linked to the successful implementation of the 2024 fruit management plan. This strategy encompasses six key measures and 25 specific initiatives designed to boost the fruit sector. Efforts to expand the domestic market, promote exports to new areas, and push for the processing of fruit to increase its value have been ramped up by the Department of Internal Trade.

H.D

(The Investor)

Caution against the risk of coffee surplus

Caution against the risk of coffee surplus

(VAN) The Vietnamese coffee industry has entered a new season with the question of what the production levels will be for Vietnam and globally in the coming period.

Seaboard milling unit earnings ease in Q3

Seaboard milling unit earnings ease in Q3

(VAN) Seaboard said the decrease in operating income primarily reflected lower margins related to the decline in sales prices.

Brazil farmers, government slam Danone for cutting out Brazilian soy

Brazil farmers, government slam Danone for cutting out Brazilian soy

(VAN) Brazil's agriculture ministry in a separate statement listed the country's environmental efforts and called the EU legislation 'arbitrary, unilateral and punitive', while also criticizing companies.

Entry into the 2,500 billion USD Halal food market: Accompanying Vietnam in building robust Halal ecosystem

Entry into the 2,500 billion USD Halal food market: Accompanying Vietnam in building robust Halal ecosystem

(VAN) The Saudi Halal Center and the Saudi Food and Drug Authority (SFDA) leadership have reaffirmed their dedication to the development of the Halal ecosystem in collaboration with Vietnam.

Exporting tens of thousands of tons of decaf coffee at high prices

Exporting tens of thousands of tons of decaf coffee at high prices

(VAN) In addition to regular green coffee, during the last harvest season, Vietnam's decaffeinated coffee (decaf coffee) has also been exported in large quantities at high prices.

Tien Giang seizes the opportunity to export fresh coconuts

Tien Giang seizes the opportunity to export fresh coconuts

(VAN) Coconut businesses in Tien Giang province have prepared the conditions to boost fresh coconut exports to the Chinese market.

Read more