Palm oil prices hit rock bottom as production surges
VNExpress Kinh Doanh • 06/23/2026
Negative
Summary
The core idea of the story, in a faster reading layer.
Coconuts are in abundance, but prices at the farm have fallen to a low of 20,000-25,000 VND per kilogram, the lowest in many years. Coconut prices have dropped by around 20-25% compared to last year and continue to plummet in recent harvesting periods.
AI quick analysis
A short investor-focused read on transmission channels, sectors, and near-term watchpoints.
Background & Analysis Scope
- The current price of gold is high and may impact the price of durian due to people possibly choosing to buy gold instead of durian.
- The price of durian is declining sharply and may impact durian-related businesses.
- Mechanism of Action:
- The price of durian is declining due to a good harvest and a price of only 20,000-25,000 VND per kg at the farm, the lowest level in many years.
- This price decline may lead to capital outflow from durian-related businesses, affecting their valuation and margins.
- The surprise level of this news is high as the price of durian has declined sharply in recent harvests.
- Industry Group/Code Benefiting or Under Pressure:
- Benefiting:
- Businesses producing and trading alternative products to durian, such as gold or other types of food.
- Under Pressure:
- Durian-related businesses and companies related to the agricultural sector.
Risks to watch
- The risk of the durian price continuing to decline sharply and affecting durian-related businesses.
- The risk of capital outflow from durian-related businesses.
- Short-Term Timeframe:
- In the short term, the price of durian may continue to decline sharply due to a good harvest and low prices at the farm.
- Durian-related businesses may need to adjust their business strategies to adapt to the situation.
AI-assisted synthesis only. Not investment advice.
Potentially affected tickers
Heuristic mapping from the story and reference listed-market data.
Source excerpt
Stored source excerpt from the original article, without rewriting the publication's voice.
Sugar cane enters the main crop season in many southern provinces but the price at the farm is only 20,000-25,000 VND per kilogram, the lowest in many years.