The price of durian fruit in Ye Township, Mon State has been declining since May 23 due to the increase in production.
“In the beginning, the price was good, but now we have to reduce the price as much as we can. It has been two days since any increase in durian fruit,” said a local trader.
At present, a large durian costs 3,000 kyats, the average price is only 2,000 kyats.
At the beginning of the harvest the price of a large ball of durian fruit in Ye Township ranged between 5,000 kyats to 7,000 kyats.
On May 23rd, local markets received a supply of 4,000 balls of the fruit. Two day later another 7,000 durians arrived, pushing down the price.
The fruit is sold domestically in Yangon, Mandalay, Taungoo, Nay Pyi Taw, Kyaikto and Mawlamyine. Thailand has been a significant importer of the fruit, but it has been difficult to ship due to the ongoing armed conflict and transportation problems.