Fruit prices slump after Tet

Fruit prices have slumped during the past few days after Vietnamese Tet holidays, according to wholesalers at the Vinh Kim wholesale market in the southern province of Tien Giang.

Grapefruits have witnessed the most drastic dip in price with the green-skin variety going down from VND25,000 (US$1.28) to VND18,000 ($0.92) per kilo and the Nam Roi type costing VND3,500 ($0.18) per kilo, VND3,000 cheaper.

Prices of Lo Ren Vinh Kim star apples have also dropped 42 percent to VND50,000 ($2.56) for a set of 14 despite a low harvest.

Meanwhile, mangoes have slightly fallen in price with a kilo costing VND65,000 ($3.33) at the moment.

Huynh Van Sang, deputy head of the Hoa Loc Mango Cooperative, said his collective is set to ship 100 tons of the Hoa Loc mangoes to Japan as previously agreed.

Tags: Vietnam fruits

Posted by VBN on Feb 9 2011. Filed under Agriculture. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry