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China: Coconuts in Hainan are in short supply and prices soar

Hainan Province is known as the Hometown of Coconuts. The annual output of coconuts is about 300 million, accounting for 99% of the national output. How about coconut sales in Hainan during the National Day holiday? In Hainan Province, the price of coconuts ranges from 18 to 30 RMB per kg, which is slightly higher than the previous price of 14-16 RMB per kg. Some merchants said that when new-harvested coconuts come up next month, the price will come down.

Affected by the low temperature, drought, and less rain from the end of last year to the beginning of this year, the coconut production in Hainan Province has declined. This year, as diversified coconut products are launched one after another, the demand for coconuts has also risen sharply, and the supply of coconuts is somewhat in short supply. According to the coconut purchasers, the purchasers used to go to Guangzhou, Guangxi, and Vietnam to get the fruits. This year they came to Hainan to buy the coconuts, and the demand is too great.

At present, the planting area of ​​coconuts in Hainan is around 34,53 hectares, and the annual output is about 300 million. Facing the ever-increasing market demand, Hainan has also launched a series of measures to cultivate new varieties, promote the cultivation of fine varieties and cultivation methods, and further expand the coconut processing industry. It is estimated that by 2025, Hainan will achieve a total output value of 23 billion RMB in the coconut industry.

Source: www.chinaso.com


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