Prices of Luc Ngan lychees hit record high

The prices of Luc Ngan lychees have hit a record high over the last 64 years, said the Director of Bac Giang provincial Department of Industry and Trade, Mr. Tran Quang Tan.
prices of luc ngan lychees hit record high

The average price is US$1.8 (VND40,000) per kilo, which is much higher than last year of US$1.1 (VND25,000). It even reached US$3.6 (VND80,000) per kilo in the peak time.

According to the Department, by July 10, the province had sold nearly 81,000 tons of lychees to get US$1.4 billion. The total lychee output is expected to be 86,000 tons this year as the harvest season will end in the next four days.

This year, around 54,400 tons of lychees are consumed on the domestic market and the remaining volume has been exported to around 30 countries in the world, including two new markets of Thailand and the UAE.

China remains the key importer of Vietnam lychees with 24,721 tons.

Source: VOV

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