Accordingly, fresh areca nuts have increased in price continuously, about 8 times higher than last year.
Areca nuts were sold for VND40,000 per kg at the beginning of the season, then increased sharply to VND80,000 - VND90,000 per kg.
Notably, in the same period last year, the price of fresh areca nuts fluctuated from VND5,000 - VND7,000 per kg.
The price of dried areca nuts has increased to VND500,000 - VND570,000 per kg.
The reason for the skyrocketing price of areca nuts is that China has increased its purchasing.
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