Ceramic oranges at gardeners in Dong Nai and the West dropped sharply, to 2,000-4,000 VND per kg, down 50% compared to the bottom in June, but traders did not want to buy them.
Ms. Oanh, a gardener in Dong Nai, said that this year’s orange crop in her garden harvested 3 tons of fruit but not many traders came to buy it. The oranges ripened a lot so she had to “sell them off” for only 2,000-3,000 VND per kg. After deducting expenses, her family lost several million dong without taking into account the hard work.
Similarly, Mr. Thanh’s family in Vinh Long also believes that the current low price is not enough to cover fertilizer and labor costs. “Next season, my family will lack capital to manage,” he said.
Vinh Long oranges are sold for 35,000 VND per 5 kg, or 7,000 VND per kg. Image: Huong Nguyen
Surveys at traditional markets in Ho Chi Minh City and online stores show that the selling price of oranges is at a record low. At the market, the retail price is 8,000 VND, if a customer buys 5 kg for only 35,000 VND, or about 7,000 VND per kg.
Although prices are low, purchasing power in the market is still very weak. Ms. Loan – owner of a fruit store on Pham Van Chieu Street (Go Vap) – said the amount of oranges sold decreased by 30% compared to before because consumers have more better options.
“For the past three days, I have only sold a few dozen kilograms of oranges, so I am temporarily suspending it and replacing it with sugar tangerines and Vinh oranges, which are more popular with customers,” Ms. Loan shared.
Vinh Long oranges are piled on the sidewalk of Quang Trung street (Go Vap) and sold for 6,000 VND per kg. Image: Thi Ha
According to Ms. Nguyen Huong, an orange purchasing facility in Vinh Long, this year oranges have experienced two sharp price drops. In June, gardeners still sold 5,000-6,000 VND per kg, now the price is “as cheap”.
“Last year, one day we could wholesale 3-5 tons of oranges to establishments in Ho Chi Minh City, now it’s only about 1-1.5 tons,” Ms. Huong said about the sharp decrease in purchasing power.
A report from the Department of Agriculture and Rural Development of Vinh Long also shows that in Tam Binh, grade 1 oranges are priced at 4,000 VND per kg, grade 2 oranges are priced at 3,000 VND, and bucket oranges are priced at 2,000 VND, all reduced by 50 VND. % compared to the previous crop.
According to this Department, the reason for the decrease in orange orange prices is This is because the markets are consuming very slowly, while the output from the suppliers is high, leading to a situation of “market flooding”. Growers lost money last time so they were not interested in taking care of their gardens, making the fruit’s design not beautiful this time, causing prices to plummet.
In addition, according to traders, many types of cheap fruits from the Chinese market are rushing into Vietnam, combined with Northern oranges and Vinh oranges in season, output increased by 10-15% compared to last year, causing Crockery oranges are difficult to compete with.
Many orange purchasing establishments in Vinh Long use trucks to transport oranges to sell on the sidewalks of Ho Chi Minh City. Image: Thi Ha
According to the Department of Agriculture of the provinces: Vinh Long, Tra Vinh, Dong Nai,… this year’s orange output reached millions of tons, of which Vinh Long alone is about 1 million tons. Currently, there is excess supply on the market – this is a big pressure on consumption when purchasing power on the market is too weak.
In addition to providing distribution at low prices, Departments of Agriculture are also promoting trade to find markets in industrial parks in Ho Chi Minh City, Binh Duong and northern provinces to increase consumption. Departments also encourage businesses to promote deep processing.
Currently, the Department of Crop Production (Ministry of Agriculture and Rural Development) has submitted documents to China since May, negotiating technical criteria to promote further opening for citrus to China and other markets. other nearby schools.
To meet upcoming export standards, the Department requests local authorities and cooperatives to coordinate with businesses to organize planting technical support for farmers. When oranges are of high quality, export activities will be easier and output will be stable.
Thi Ha