Dragon fruit price breaks record due to prolonged hot weather

The prolonged hot weather has impacted to the production and export of dragon fruit in Binh Thuan province in recent time, causing record- breaking price.

Mr. Vo Huy Hoang, Chairman of Binh Thuan Dragon Fruit Association, yesterday said that the price of dragon fruits in the locality has increased high from VND 17,000 to VND 23,000 per kilogram. This is considered a record high price compared to the same period in 2018.

According to local people, the price of dragon fruit has been increased from 4 to 5 times compared to the same period last year when the fruit was sold at only VND 5,000 to VND 6,000 per kilogram. Currently, the price is reported to double compared to last month price of VND 16,000 to VND 17,000 per kilogram.

According to the Chairman of Binh Thuan Dragon Fruit Association, the prolonged hot weather caused the unexpected dragon fruit export rate.

In addition, according to the long-time dragon fruit farmers in Binh Thuan province, this is the last unseasonal dragon fruit crop in the year and heading to the upcoming seasonal crop so many local people are fear that the price will be reduced causing the limitation of the production.

Mr. Tran Vinh Kha, a resident of Ham Thuan Nam district, Binh Thuan province said that dragon fruit gardens with a rate of 80 percent of big sized fruit meeting export standards are sold for up to VND 23,000 - VND 24,000 per kilogram but local people do not have enough fruits to sell. The prolonged severe weather makes dragon fruit not reach the export rate and the people worry about the price drop as the same period in 2018 has caused the sudden rising price of this fruit.