In Hau Giang, this year members of the Pomelo Production Club in Phu Huu commune (Chau Thanh) provided more than 1,000 shaped grapefruits to serve the Tet market. Mr. Vo Trung Thanh, Chairman of the Club, informed that nearly 80% of members’ products have been ordered by customers. This year the fruit is beautiful but the selling price is down more than 10% compared to last year, about 1.4 million VND/pair of type 1.
However, in the days leading up to the Lunar New Year, golden grapefruit bars are widely sold by traders, shops, and “online markets”, at quite cheap prices. Accordingly, VIP gold and fortune grapefruit bars are only 650,000 VND/pair, type 2 prices range from 250,000-350,000 VND/pair.
The price of king pomelo has also cooled down and is “dying red” during the Lunar New Year market. Specifically, the VIP jar-shaped red grapefruit line with full branches and leaves costs 230,000-350,000 VND/fruit; type weighing 5-6 ounces priced from 100,000-150,000 VND/fruit; Some stores even sell it for only 50,000 VND/fruit – equivalent to the price of grapefruit usually sold at the market.
The king’s pomelo also “dye red” the Lunar New Year market (Photo: NVCC)
Ms. Cu Thi Hai Ly, owner of a fruit store in Hai Ba Trung (Hanoi), shared that in previous years, golden grapefruit bars and red grapefruit bars caused a fever, with prices of millions of dong still “sold out”. But in the last 2-3 years, the supply of these types of grapefruit has been abundant, and the price of grapefruit has been decreasing.
“This year, people are tightening their budgets for Tet shopping, and goods are somewhat sluggish. Red grapefruits, gold bars… are special items for Tet, but consumption is slow, so prices must be reduced and sold out before Tet, even at a loss,” Ms. Ly worried. Moreover, these two types of grapefruit are just beautiful, the quality of the citrus is not as good as other types of grapefruit.
At Ms. Ly’s store, there are still more than 100 pairs of golden grapefruit bars and nearly 500 red grapefruits of all kinds. Meanwhile, peak shopping is only today and tomorrow. On December 29, the Tet holiday begins, everyone returns to their hometowns, so there will be few buyers.
Most online merchants will stop selling for Tet after the 28th day of the lunar calendar. Therefore, all grapefruit orders must be delivered to customers, and the remaining quantity must be sold out before December 29.