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Areca nut prices soar

TQO - Tuyen Quang grows areca nuts scattered in districts and cities. However, in recent times, the high prices have brought significant income to people who both sell areca nuts and grow them for ornamental purposes.

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.

Thanh Thanh

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