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Current Position:Home » News » Marketing & Retail » Topic

Vietnamese banana traders are optimistic about the Chinese market

Zoom in font  Zoom out font Published: 2019-03-04  Views: 1
Core Tip: The price of bananas in the Chinese market is currently on an upward trend.
The price of bananas in the Chinese market is currently on an upward trend. This is not only the case for Chinese bananas, but also for many bananas from Vietnam or the Philippines. "We produce bananas in bulk on our farm in Ho Chi Minh City. In addition, we also cooperate with other farmers. We have 100 hectares of banana plantations under cooperative management. As for the production volume, we have produced 8 times more this year than we did last year. The main reason for this rapid increase is the high price of bananas last year, as much as 4 yuan [0.60 USD] per kg, which encouraged us to rapidly expand the surface area devoted to banana plantation. We used banana trees to replace previously unprofitable crops."

"The Vietnamese weather is extremely well-suited to banana plantation. The temperature remains between 28 and 35 degrees throughout the year. This is why we can guarantee year-round production. We currently sell in the Vietnamese market, but if the opportunity arises, we would also like to export. Our bananas are sweet and fragrant, with a flavor that is well-suited to the taste of consumers in other Asian markets."

"In addition to bananas, we also produce jackfruit. This fruit has become increasingly popular in recent years. Vietnamese plantation owners therefore invest more and more in this industry. The price of jackfruit is great, around 20 yuan [2.99 USD] per kg. We hope to find new clients in the jackfruit and banana export industries, so that we can give consumers all over the world the opportunity to taste the excellent flavor of our jackfruit and bananas."


 
 
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