
Durian prices plummet in Vietnam's Mekong Delta as exports to China decline
In key durian-growing regions Tien Giang, Can Tho and Ben Tre, Ri6 sells for VND35,000-40,000 (US$1.40-1.60) per kilogramme (kg)at the orchard, compared to VND100,000-120,000 (US$3.90-4.70) a year ago, Vietnam News reported.
Monthong durian from Thailand is also affected, with prices now at just VND60,000 to 70,000 (US$2.30 to 2.70) per kg.
Tran Dình Phong, a durian farmer in Tien Giang, said that though his orchard was ready for harvest, traders were buying with caution, and even orders secured last month at VND60,000 per kg were now at risk of cancellation due to continuous price declines.
"Currently, I can only retail to small traders at about VND45,000 per kilo for good quality fruits.'
Farmers, traders and businesses are all feeling the pressure.
Nguyen Minh Thai, a durian trader, said last year he bought 30 tonnes of durian per day for export to China, but only three to four tonnes since March this year, as partners slashed orders.
He pointed out that China now requires 100 per cent inspection of durian shipments and rigorously tests for pesticide residues, heavy metals, and Auramine O (Basic Yellow 2 or BY2), a dye typically used in industry and banned due to its cancer risk.
With inspection times lengthening, many shipments were left stockpiled at the border, resulting in fruits cracking and spoiling by the time they reached the market.
Several businesses in Tien Giang said they had to sell domestically at a loss of up to 40 per cent after waiting too long for customs clearance.
"The risk is too great, and so we are forced to limit purchases,' a business representative admitted.
In 2024, durian exports fetched a record US$3.3 billion, making up nearly half of the country's earnings from fruits and vegetables.
But in the first two months of this year, exports fell by 69 per cent to US$52.7 million.
Exports to China, the main market, fell by 83 per cent to US$27 million as durian slipped from its top spot to third behind dragon fruit and banana.
Businesses have called on authorities to negotiate with China to recognise the results of inspections conducted in Vietnam and to reduce the testing time to no more than four days. - Bernama-VNA/VN
In addition, quality control should be improved at source, with guidance for farmers on using fertilisers and pesticides to comply with quality standards, they said.
The Plant Protection Department said it had strengthened oversight of growing areas and packing facilities, suspending export codes for those that fail to meet standards on residues, heavy metals, or traceability.
The Vietnam Fruit and Vegetable Association has warned that unless the issues with inspection and customs are resolved soon, the US$3.5 billion durian export target for 2025 may not be achieved, and the sector could continue to face heavy losses.
-- BERNAMA-VNA/VN
TAGS: Vietnam, durian, Mekong Delta, China, quality control, procedures
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Star
29 minutes ago
- The Star
Bursa Malaysia opens little changed on Friday ahead of GDP data, flat trading on Wall St
KUALA LUMPUR: Investors on Bursa Malaysia held their positions on Friday as the flattish performance on US markets overnight gave little indication on trading direction. The local bourse entered profit-taking mode yesterday as investors cashed in on a seven-day winning streak, but remained little moved at Friday's opening, ahead of Malaysia's economic report due out at noon. Traders snapped up equities over the past two weeks as risk appetite was buoyed by the continuation of US-China trade talks and investors' surging hopes for a US rate cut after a lower-than-expected inflation report. Throwing a spannar in the works, however, was the US producer's price index for July, which showed a 0.9% increase - above the 0.2% forecast by economists - which pointed to rising inflation. As at 9.10am, domestic traders remained uncertain in the absence of trading direction. The FBM KLCI was down 0.45 points to 1,580.6 while the broader market had a nearly even spread of advancers and decliners. "The local benchmark index is expected to extend its profit-taking consolidation phase, as market sentiment should remain subdued while investors await crucial domestic and U.S. data releases ahead of the weekend," said TA Securities in its daily review. Meanwhile, Rakuten Trade said in a note that foreign funds remained net sellers of local equities, which serves as a market dampener. "For today, we expect the index to hover between the 1,575-1,585 range," it added. In early trading, PETRONAS Chemicals dropped seven sne to RM3.57 while PPB shed seven sen to RM8.94 and IOI fell four sen to RM3.81. Nestle gained 26 sen to RM88.06, while PETRONAS Gas rose six sen to RM18.76 and MISC added five sen to RM7.81. Leading actives included TWL flat at 2.5 sen, Oxford Innotech up 0.5 sen to 41.5 sen and Oriental Kopi dipping one sen to 97.5 sen.


The Star
29 minutes ago
- The Star
Ringgit opens lower vs greenback
KUALA LUMPUR: The ringgit opened lower against the US dollar amid cautious investor sentiment ahead of the second quarter 2025 gross domestic product (GDP) announcement later today and a stronger US dollar. At 8 am, the local note depreciated to 4.2100/2210 from Thursday's close of 4.2090/2145. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US dollar received a boost last night as the inflation rate at the producer's level was rising at a fast clip. "Apart from that, those who applied for unemployment benefits fell last week, which gave the impression that the labour market was still healthy,' he told Bernama. He noted that the July US Producer Price Index (PPI) rose 3.3 per cent year-on-year, beating the 2.5 per cent forecast, while core PPI climbed to 3.7 per cent versus 2.9 per cent, and the US Initial Jobless Claims came in slightly lower at 224,000 against 225,000 estimates. "Following this, the US Dollar Index (DXY) rose 0.42 per cent to 98.254 points as traders pared their bets on an interest rate cut by the US Federal Reserve (Fed) in the next Federal Open Market Committee meeting,' he added. On the local front, Mohd Afzanizam said the ringgit is expected to range between 4.21 and 4.23 against the US dollar today, as the temptation to lock in profits amid uncertainties over the US Fed decision was quite overwhelming. "The USD-MYR was quite volatile yesterday. It reached RM4.1858 during the morning session but weakened later to RM4.2118. "It appears that RM4.20 is the psychological level and the USD-MYR did pierce such a level momentarily,' he added. At the opening today, the ringgit ended higher against major currencies. It gained against the euro to 4.9047/9175 from 4.9170/9234 on Thursday's close, rose versus the Japanese yen to 2.8502/8578 from 2.8703/8742 and improved vis-a-vis the British pound to 5.6953/7102 from 5.7146/7220 yesterday. The ringgit traded mixed against regional peers. It strengthened versus the Singapore dollar to 3.2775/2866 from 3.2849/2895 at yesterday's close and increased versus the Thai baht to 12.9646/13.0069 from 13.0004/0238. However, the local note inched down against the Indonesian rupiah to 261.2/262.0 from 261.1/261.6 and was almost flat versus the Philippine peso at 7.39/7.42 from 7.39/7.41. - Bernama


New Straits Times
29 minutes ago
- New Straits Times
Ringgit opens lower versus greenback
KUALA LUMPUR: The ringgit opened lower against the US dollar amid cautious investor sentiment ahead of the second quarter 2025 gross domestic product (GDP) announcement later today and a stronger US dollar. At 8am, the local note depreciated to 4.2100/2210 from Thursday's close of 4.2090/2145. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US dollar received a boost last night as the inflation rate at the producer's level was rising at a fast clip. "Apart from that, those who applied for unemployment benefits fell last week, which gave the impression that the labour market was still healthy," he told Bernama. He noted that the July US Producer Price Index (PPI) rose 3.3 per cent year-on-year, beating the 2.5 per cent forecast, while core PPI climbed to 3.7 per cent versus 2.9 per cent, and the US Initial Jobless Claims came in slightly lower at 224,000 against 225,000 estimates. "Following this, the US Dollar Index (DXY) rose 0.42 per cent to 98.254 points as traders pared their bets on an interest rate cut by the US Federal Reserve (Fed) in the next Federal Open Market Committee meeting," he added. On the local front, Mohd Afzanizam said the ringgit is expected to range between 4.21 and 4.23 against the US dollar today, as the temptation to lock in profits amid uncertainties over the US Fed decision was quite overwhelming. "The USD-MYR was quite volatile yesterday. It reached RM4.1858 during the morning session but weakened later to RM4.2118. "It appears that RM4.20 is the psychological level and the USD-MYR did pierce such a level momentarily," he added. At the opening today, the ringgit ended higher against major currencies. It gained against the euro to 4.9047/9175 from 4.9170/9234 on Thursday's close, rose versus the Japanese yen to 2.8502/8578 from 2.8703/8742 and improved vis-a-vis the British pound to 5.6953/7102 from 5.7146/7220 yesterday. The ringgit traded mixed against regional peers. It strengthened versus the Singapore dollar to 3.2775/2866 from 3.2849/2895 at yesterday's close and increased versus the Thai baht to 12.9646/13.0069 from 13.0004/0238. However, the local note inched down against the Indonesian rupiah to 261.2/262.0 from 261.1/261.6 and was almost flat versus the Philippine peso at 7.39/7.42 from 7.39/7.41.