Rambutan, coconut prices increase to record high in Mekong Delta

SGGP
Rambutan and coconut prices have recently increased to the highest level for the last many years with supply being short of demand in the Mekong Delta.
The Department of Agriculture and Rural Development in Cho Lach district, Ben Tre province yesterday told Sai Gon Giai Phong Newspaper that local traders paid as high as VND50,000-100,000 a kilogram of ramputan.
Rambutan, coconut prices increase to record high in Mekong Delta ảnh 1 Rambutan price has increased to a record high in the  Mekong Delta (Photo: SGGP)
Rambutan, coconut prices increase to record high in Mekong Delta ảnh 2 The man transports rambutan baskets aboard for sales in Ben Tre province (Photo: SGGP)
Despite the high prices, Ben Tre and some other provinces have seen a supply scarcity because it is not in harvest season now.
In addition, the drought in 2016 damaged many ramputan gardens sending farmers to chop down the trees and shift into other crops. The unseasonable weather this year has also affected ramputan output.
Coconut prices have rocketed in the Mekong Delta provinces of Tra Vinh, Ben Tre and Tien Giang.
According to Ben Tre Coconut Association, the price now swings from VND95,000-125,000 per dozen of dry coconuts, VND80,000-90,000 per dozen of fresh coconuts and VND150,000-160,000 a dozen of Siamese coconuts.
Coconut price increase has also been under influence of the drought and salt intrusion last year causing output drop and price rocket.


By NGUYEN THANH – Translated by Hai Mien

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