Dried coconut price in the province of Ben Tre rise again
According to the Department of Agriculture and Rural Development Ben Tre Province Dried coconut prices have rebounded strongly over the past week. Currently Dried coconut type 1 (1.2 to 1.3 kg per fruit) with $ 115,000 and dong/12 results; Coconut buy buckets from 85000-90000 dong/12 results.
According to traders buy some Dried coconut, coconut prices will stabilize at a high level and is likely to increase slightly in the near future due to the favorable consumer has returned, in addition to other seasons coconut about to enter production volume will decrease.
Before that, in early May, in Ben Tre Dried coconut prices have fallen very sharply, from an average of 100,000 to about 60,000 results dong/12 dong/12 results.
Prices plummet making coconut coconut growers are confused. According to the Association of Ben Tre coconut, coconut prices fell due to three reasons including market demand makes the world reduce exports desiccated coconut difficulties; Dried coconut production of raw materials to China also faced similar obstacles; add to that the psychological worry, hurry harvest of coconut farmers increase prices fall further