Durian prices rebound as supply dries up
Monthong durian prices at the farm gate in Dak Lak Province have risen by 20-30% over the last two weeks to VND105,000 (US$4) per kilogram after months of decline.
Durian prices have surged as supply dwindles, according to reports from a Central Highlands province. Hoa, a local orchard owner, explained that traders are offering premium rates for his Monthong durian, anticipating a harvest in October. However, he intends to sell them at market rates to steer clear of trader dependence. The price surge comes after a significant drop, with prices plummeting from VND155,000 per kilogram in late February to approximately VND50,000 in July.
Phuong, a prominent durian trader, linked the price increase to other regions concluding their harvests. Le Anh Trung, chairman of the Dak Lak Durian Association, revealed that exporters are intensifying their purchases to satisfy surging demand from China in the lead-up to China's Mid-Autumn Festival and National Day on October 1.
Dak Lak is projected to yield 500,000 tons of durians this year, a 20% rise from 2025. As of now, the province has only harvested 40% of its crop, with the remaining supply to be gathered from October through November, according to Trung. However, persistent rainfall might impact the fruit's quality and prices in the forthcoming months, he cautioned.
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