Durian prices in Singapore drop due to surprise bumper crop, reversing earlier projections

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SINGAPORE, June 18 — Despite earlier projections of a shortage of durians from Malaysia that would cause prices to increase, a surprise bumper crop and tough competition have...

SINGAPORE, June 18 — Despite earlier projections of a shortage of durians from Malaysia that would cause prices to increase, a surprise bumper crop and tough competition have resulted in prices dropping by as much as S$7 a kilogram.

With more supply available, Ho said that his suppliers have reduced their prices and he is passing on these cost savings to his customers. “It’s hard to say if this will last in July because the weather can change in two weeks and affect supply, just like how we thought there would be a shortage.” Over at Holland Drive, a bountiful harvest of durians in Muar, Johor has allowed fruit store Durian on Wheels to sell its Mao Shan Wang at S$17 a kilogram.

Lim Wei Chun, a staff member of Sam Fruit Trading at Geylang, said that as the season has just started, it is hard to tell how prices will change in the coming days. Ang Ka Seang, manager at Hong Heng Fruit Trading, whose durians were going for as low as S$10 for three, said: “There’s also more competition because people can just go to Malaysia now.” Other sellers in Toa Payoh also said that with more online options to buy durians, they have to be competitive with their prices.

 

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