Home / / Agrinews

Dragon fruit prices rise sharply

Dragon fruit prices rise sharply
Author: VNS
Publish date: Thursday. January 24th, 2019

Dragon fruit prices in Tiền Giang Province are soaring. — Photo vfa

HÀ NỘI — Dragon fruit prices at Chợ Gạo Dragon Fruit Co-operative in the southern province of Tiền Giang are increasing sharply during the Christmas period, bringing profits for farmers.

Nguyễn Văn Long, a dragon fruit grower in Chợ Gạo District, said red flesh dragon fruit prices are around VNĐ40,000 per kilo (US$1.7), some three to four times higher than in October, when dragon fruit prices hit rock bottom.

Dragon fruit is not in season, therefore high demand is pushing up the price, Long added.

According to Cao Văn Hóa, deputy director of Tiền Giang’s Department of Agriculture and Rural Development, dragon fruit is identified as one of the specialities of the locality. The province now has more than 6,000ha of dragon fruit orchards, producing an annual output of hundreds of thousands of tonnes of fruits.

Chợ Gạo District is the biggest plantation area in the province with about 5,400ha; of which more than 4,600ha are fruit-bearing, the annual output is over 100,000 tonnes.

Recently, in order to promote its economic potential, the locality has scaled up agricultural production, applying intensive farming technology in line with VietGAP, GlobalGAP standards to avoid decreasing prices and increase income for farmers.


Related news

Vietnam secures US$100 million loan from ADB to modernize irrigation system Vietnam secures US$100 million loan from ADB to modernize irrigation system

Agriculture plays a significant part in Vietnam’s economy, contributing 18.3% of the country’s gross domestic product and 44% of the labor force from 2008–2016.

Thursday. January 24th, 2019
Bac Giang develops hi-tech commodity agriculture production Bac Giang develops hi-tech commodity agriculture production

In 2018, Bac Giang province boosted up switching the crop structure that closely attached to build hi-tech farming models expand production areas under VietGAP

Thursday. January 24th, 2019
Enterprises take the opportunity to export agricultural products to the EU Enterprises take the opportunity to export agricultural products to the EU

The EU - Vietnam Free Trade Agreement (EVFTA) is coming to the signing stage, creating more incentives for businesses to exploit and promote agricultural export

Thursday. January 24th, 2019