Market information

BEN TRE COCONUT - PRICE INCREASE, JOY FOR LOCALS

Fresh fruit
17/06/2024 - Tỉnh Bến Tre

### Consumption and Market Situation of Coconut Products

Coconut consumption is seeing a resurgence post-pandemic, raising questions about the current market situation and prices of coconut products. Here is the latest price information updated by the Ben Tre Coconut Association:

#### Factors Influencing Coconut Prices

**Supply and Demand:** When supply is abundant, coconut prices decrease. Conversely, when demand is high and supply is limited, prices increase.

**Transportation Costs:** The cost of transporting coconuts from production areas to consumption markets contributes to the final price.

**Weather and Natural Disasters:** Natural disasters like storms can destroy coconut trees and reduce the supply, leading to higher prices.

**Market Prices:** Coconut prices are also influenced by the general market prices of commodities like oil, food, and other agricultural products.

#### Updated Prices from Airna

According to recent updates, coconut prices have risen significantly after a long period of decline, bringing joy and hope to local farmers. The prices for various types of coconuts are as follows:

- **Dry Coconuts:** Vary between 45,000 to 65,000 VND
- **Grade 1 Coconuts:** Approximately 55,000 to 80,000 VND
- **Siamese Coconuts:** Range from 60,000 to 80,000 VND
- **White Coconut Meat:** Between 12,000 to 14,000 VND

Over the past two years, many garden owners shared that income from coconuts was insignificant due to low selling prices. At times, prices dropped so low that there were no buyers, leading many families to abandon their coconut groves and switch to other crops. Thus, despite the current high prices, many gardeners feel disheartened as they no longer have coconuts to sell.

#### Current Market Conditions

Coconut prices are now at their best in two years, more than doubling from the prices in early 2023. This price increase is attributed to the stabilizing domestic market, rising global coconut prices, and high demand that outstrips supply.

**Price Table:**

#### Health Benefits of Coconuts

Coconuts are not only delicious but also offer numerous health benefits. They are rich in vitamins and minerals that boost the immune system, protect heart health, and reduce the risk of chronic diseases like diabetes and cancer. Coconuts also have beauty benefits for skin and hair and help reduce stress.

#### Everyday Uses of Coconuts

Besides being a nutritious fruit, coconuts have various everyday uses. They are used to make beverages, culinary dishes, and as an ingredient in beauty products.

- **Coconut Water:** A popular refreshing drink that helps hydrate the body and replenish nutrients.
- **Dried Coconut:** Used as an ingredient in dishes like cakes, ice cream, and bubble tea or eaten directly.
- **Siamese Coconuts:** Used in dishes like chè (sweet soup), cakes, and juices, offering rich flavor and nutrition.
- **Coconut Milk:** Consumed directly or used in cooking dishes like cakes, ice cream, and yogurt. It is rich in nutrients and beneficial for skin health.

#### Delicious Dishes Made from Coconuts

Coconuts are a key ingredient in many delicious and diverse dishes, such as:

**Coconut Sweet Soup (Chè Dừa):**
- Ingredients: Siamese coconut, rock sugar, coconut milk.
- Method: Clean and cut the coconut, cook with rock sugar and coconut milk until tender.

**Coconut Cake:**
- Ingredients: Dried coconut, flour, sugar, egg, coconut milk, lemon juice, salt.
- Method: Mix flour, sugar, salt, and egg. Add coconut milk and lemon juice, mix with dried coconut, bake at 180°C for 30 minutes.

#### Tips for Buying Coconuts at the Best Price

- Buy from large markets or supermarkets where there is competition.
- Purchase in summer when coconuts are more common and cheaper.
- Choose fresh coconuts with dark green color and heavy weight.
- For dried coconuts, select packages with good moisture content and no dampness.

#### Conclusion

Coconuts are a beloved and widely consumed fruit in Vietnam. Prices of coconut products vary based on quality and brand. Coconuts not only offer great taste but also numerous health benefits and are used in many delicious and diverse dishes.

Hope this information helps you understand the current prices and benefits of coconuts.

fresh coconut
Output: 58018
Crop: Tháng 05/2024
Tỉnh Bến Tre
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