The Business Times
business-time-50
Asean Business logo
SPONSORED BYUOB logo
SUBSCRIBERS

Malaysia’s durian prices take a big hit due to prolonged heatwave 

google-preferred-sourceAdd BT as a preferred source
Tan Ai Leng

Tan Ai Leng

Published Fri, Jun 9, 2023 · 05:50 AM
    • The wholesale price of Musang King plunged to RM30 and below, as at Jun 6, due to inconsistent quality and lower demand.
    • "Burnt seeds" in durians are often mistaken for worm infestations.
    • The wholesale price of Musang King plunged to RM30 and below, as at Jun 6, due to inconsistent quality and lower demand. PHOTO: TAN AI LENG, BT
    • "Burnt seeds" in durians are often mistaken for worm infestations. E&A PLANTATIONS

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    [KUALA LUMPUR] Barely a month into Malaysia’s durian season, prices of the “King of Fruits” are already plummeting because of the incessant hot weather that has affected production and caused lower demand.

    Plantation owners are bemoaning the fact that durian prices – in particular, that of the popular and premium Musang King (or Mao Shan Wang, in Chinese) variety – have gone down by more than 50 per cent compared to this same time last year.

    A kilogramme of the Grade A Musang King durians fetched a minimum of RM60 (S$17) at wholesale markets last year, but some plantation owners told The Business Times that prices have fallen to RM30 or even lower today.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Agriculture/FarmingMalaysiaWeatherAseanAsean BusinessSpotlight

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    Air India has been one of the foreign carriers most affected by the outbreak of hostilities in the Middle East.

    Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss

    Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

    Beijing’s calculated silence on the Iran war 

    US President Donald Trump (left) with Chinese President Xi Jinping at a bilateral meeting on the sidelines of the Apec summit in Busan last October.

    China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result

    Eu Yan Sang group chairman Richard Eu has been with the company since 1989 and has seen plenty of change over the years, such as how employees view their jobs.

    Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More