Fruit growers see profits, huge demand for Tet

Price of various kinds of fruits has increasing rapidly after traders began ordering huge volumes for the coming Tet Lunar New Year in February.

A farmer grows ‘ho lo’ (bottle-shaped) grapefruits for Tet New Year (Photo: SGGP)

In Ben Tre Province, green-peel grapefruits fetched VND36,000 per kilogram, an increase of VND5,000-6,000 compared to mid December. However farmers do not have enough supply, partly due to the bollworm, which infected the grapefruit crop in orchards.
 
Growers in My Hoa and Phu Huu in Vinh Long and Hau Giang Provinces are rushing to stock for the coming Tet season.

Nguyen Van Khanh from Phu Huu Commune in Chau Thanh District of Hau Giang Province, said that traders offered VND18,000-20,000 a kilogram for grapefruit. If farmers agree to this price, traders will leave a deposit of 30-40 percent.

Meantime, green orange fetched VND16,000-18,000 a kilogram and Hoa Loc mango an exorbitant VND75,000-80,000 a kilogram, which is VND15,000-20,000 higher than last Tet.

Le Van Khai, chairman of Long Tri Mandarin Cooperative in Long My District of Hau Giang Province, said at present the mandarin price has increased to VND22,000-28,000 a kilogram, VND10,000-12,000 higher than in the same period last year.

The cooperative will provide 50 tons of mandarin oranges to the market during Tet. With the current high price, farmers will earn a record VND200 million ($9,608) a hectare.

By Binh Dai – Translated by Hai Mien

Other news