Search
2024-06-06
China’s robust demand drives up lychee prices in Vietnam

May 21, 2024 | Produce Report |

Adverse weather conditions have led to a sharp decline in China's lychee production, causing market prices to rise. Vietnam's lychee season has also been affected, with Bac Giang province experiencing a 50% decrease in output compared to last year. This reduction is attributed to similar weather patterns during the flowering stage as seen in China. Despite the decrease in production, demand remains high, resulting in increased prices. Grade 1 lychees now sell for nearly 60,000 Vietnamese dong per kilogram, up from previous years. Chinese traders have begun arriving in Bac Giang to procure lychees, with over 200 traders visiting in 2023. In Huyen Thanh County, Hai Duong province, lychee production is expected to halve from last year, but improved quality is anticipated to drive prices up by 10-20%. The region's first batch of lychees was exported to Australia, with plans to export to additional markets like France, Thailand, Singapore, and Canada this year.

Read more

Viewed Articles
China’s robust demand drives up lychee prices in Vietnam
May 21, 2024 | Produce Report | Adverse weather conditions have led to a sharp decline in China's lychee production, causing market prices to rise. Vietnam's lychee season has also been affect
Jun 06, 2024
Read More
Assam farmer earns over Rs 1 crore annually with dragon fruit farming, promotes sustainable agriculture
November 14, 2024 | Krishi Jagran | Akbar Ali Ahmed, a progressive farmer from Assam's Chirang district, transitioned to dragon fruit farming six years ago, creating a successful and sustainable v
2024.11.27
Tuyên Quang exports nearly 8,000 Soi Hà pomelos to UK
October 26, 2024 | Viet Nam News | Tuyên Quang Province in northern Vietnam marked a milestone with its first export of nearly 8,000 Soi Hà pomelos to the UK. These high-quality fruits boast a Brix sw
2024.11.27
How are rising onion prices disrupting transport of pineapples from Kerala?
November 15, 2024 | Mathrubhumi.com | Farmers in Kerala face a lorry shortage for transporting pineapples to northern India due to increased demand for onion transport. The situation worsened during D
2024.11.27
APHIS Authorizes the Importation of Hass Avocados from Guatemala into the United States
November 18, 2024 | Perishable News.com | The U.S. Department of Agriculture (USDA) has authorized the importation of fresh Hass avocados from Guatemala. After thorough research, the Animal and Plant
2024.11.27
How a class 10 dropout became a millionaire by cultivating rambutan & dragon fruit
October 11, 2024 | the better india | In Karnataka’s Kadaba, Lohith Shetty transformed a 41-acre farm into a profitable venture cultivating exotic fruits like rambutan, mangosteen, and dragon fruit. D
2024.11.04
TOP