Mangosteen prices plunge below $1/kg at farm gate amid bumper harvest
Pham Van Hoang, a mangosteen farmer in the former Binh Duong Province, now part of HCMC, expects his 70 trees to produce five tons of fruit this year, 20% more than in 2025.
Prices were already down 20-25% year-on-year at the start of the season in May and have fallen further now that the harvest is in full swing, he said.
“My family has made almost no profit so far this year because fertilizer and labor costs are also up.”
Mangosteen harvested at an orchard in the former Binh Duong Province (now part of Ho Chi Minh City). Photo by VnExpress/Thi Ha |
Vu Van Hoa, a trader in the city’s Lai Thieu Ward, said the fruit is much easier to procure this year, and he has been buying a few tons daily from orchards, a 30-40% increase from a year ago.
In HCMC, prices have dropped to VND35,000-60,000 per kilogram at many fruit stores and roadside stalls.
Dang Phuc Nguyen, general secretary of the Vietnam Fruit and Vegetable Association, said favorable weather has boosted the yields of many fruits grown in the south this year, including mangosteen, durian, mango, dragon fruit and avocado.
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