Oversupply is the principle cause for the sharp plunge in China’s durian costs | Fall | Durian blind field opening

2024-06-04 13:12:44

[The Epoch Times, June 4, 2024]The subject “Durian costs have been falling” has change into a scorching search matter once more. Within the wholesale market in Beijing, a pound of durian prices greater than ten yuan (RMB, the identical beneath). Getting into June, the value of durian has dropped barely by greater than 10% in contrast with the earlier month, and a few varieties have costs beginning with “1”. Giant-scale imports and oversupply are the principle causes for the continual decline in home durian costs.

Because the finish of March this yr, durian costs in mainland China have been falling. In Could, the wholesale worth of durians was reduce in half, from the unique worth of 45 yuan per kilogram to about 25 yuan.

“Beijing Youth Every day” reported that durian costs in supermarkets, fruit outlets, and group markets in Beijing have principally remained beneath 30 yuan per kilogram.

As of June 1, the bottom wholesale worth of golden pillow durians in Xinfadi Wholesale Market in Beijing was 21.5 yuan/kg, whereas Ganyao durians dropped to fifteen yuan/kg.

Getting into June, within the Beijing Xinfadi Market, the wholesale citation of Thai gold pillows on the earlier buying and selling day was 21.5 yuan to 27.5 yuan per catty (the value a month in the past was 26 yuan to twenty-eight yuan). The worth of durians in Gan Yao, Vietnam, fell beneath the 20 yuan per kilogram mark and is presently 15 yuan to 17 yuan. The common worth has dropped by 23.8% from the earlier month.

In keeping with experiences, presently, “opening durian blind containers” has change into a significant pattern in on-line gross sales of recent fruits.

“I’ve purchased durian blind containers a number of instances. There are a number of sorts, reminiscent of durians offered by the piece, durians offered by the field, and ones that assure amount however not style.”

Mr. Li, a citizen, is a durian lover. He has just lately change into obsessive about opening durian “blind containers” on-line. He stated that the principle cause he selected to open a blind field was that it was inexpensive, participatory and principally delivered inside an hour. “Place your order reside, and you will have it very quickly. You picked it your self. It is an important expertise with out leaving dwelling.”

Durian costs in mainland China have at all times been excessive as a result of there aren’t any durian-producing areas in China. Nonetheless, in durian-rich nations reminiscent of Thailand, Vietnam, and Malaysia, durian costs have at all times remained inexpensive and inexpensive.

Why do durian costs in mainland China proceed to drop this yr? The essence is brought on by large-scale imports. As durians are planted abundantly in numerous nations they usually compete to promote them, import costs naturally fall.

Retailers gave a extra detailed clarification for the drop in durian costs this yr. “The interval from March to October yearly is the intensive market interval for durians, particularly from Could to June, which can usher within the largest provide peak.” A fruit store proprietor stated that durians from Southeast Asian nations reminiscent of Thailand and Vietnam have simply been launched. The provision will increase, and since provide exceeds demand, costs naturally come down.

Related knowledge reveals that durian imports have elevated roughly 50 instances previously 20 years, and the worth of durian imports in 2023 will attain 47.23 billion yuan. In keeping with statistics from the World Commerce Group in 2022, China is the world’s largest durian importer and shopper, and China’s imported durians account for 82% of world durian consumption. Information from the Common Administration of Customs of China present that in 2023, China imported greater than 1.42 million tons of recent durian, a rise of greater than 70%. Amongst them, 929,000 tons come from Thailand and 493,000 tons come from Vietnam.

Though the sharp drop in durian costs has made it simpler for residents to buy durians, specialists remind residents to eat them carefully. “Durian has a excessive fiber content material. Average consumption may also help promote intestinal peristalsis and promote digestion. Nonetheless, when you eat an excessive amount of, particularly for kids, it’ll simply trigger an excessive amount of dietary fiber to soak up water and swell within the intestines, which can block the intestines. tract, additional resulting in a discount in intestinal juice, inflicting signs of dry stool, constipation, bloating, and indigestion.

Editor in cost: Fang Xiao#

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