Cold rain, peach and kumquat prices in Vinh City are deeply discounted but still have few customers

With only one day left until the Lunar New Year of the Tiger, the cold rain since last night has forced many peach and kumquat vendors along major roads in Vinh City to drastically reduce their prices in time for Tet. However, the number of customers is still very small.

This year, peach and kumquat trees are concentrated at the corner of Truong Van Linh Street and Vinh - Cua Lo Boulevard. Photo: Tien Dong

This year, the peach and kumquat selling area is onLenin Avenuehas been moved to the corner of Truong Van Linh Street and Vinh - Cua Lo Boulevard. Although peach and kumquat trees were brought in by traders many days ago, the number of sales so far is still not as high as in previous years.

According to our survey, if on December 23 and 24, each kumquat tree was usually priced at 2.5 million VND or more, now it is being sold for 500,000 VND with a pot. Similarly, with wild peach trees, which were once priced at no less than 4 million VND/branch, now the price has been reduced dramatically, from 500 to 1.2 million VND/large branch. As for garden peach trees, the price fluctuates from 200,000 VND to 800,000 VND/branch.

Although the price has been reduced more deeply than in previous days, the number of buyers is still very small. Photo: Tien Dong

Ms. Thuy, residing in Chau Hung block, Vinh Tan ward (Vinh city), this year sells peach blossoms. She said: Peach blossoms are purchased in Yen Thanh and brought back to Vinh city to sell. According to Ms. Thuy, this year due to economic difficulties, purchasing power is not like previous years. A few days ago, the price was still good, but as Tet approaches, the price drops more and more, even having to cut losses to be able to return home in time to celebrate Tet with her family.

Mr. Phu, residing in Nghi An commune, imported 200 wild peach branches this year, but up to this point, there are still more than 100 branches that have not been sold. In the days leading up to Tet, he had to mobilize many people in the family to sell peaches, but they are still sluggish. If he does not sell them all today and tomorrow, he will lose money.

Many businesses have had to mobilize family members to sell peach trees, but sales are still very slow. Photo: Tien Dong

Many bonsai peach trees and mysterious peach trees that were priced from 3-5 million VND a few days ago are now priced under 2 million VND depending on the tree. Photo: Tien Dong

Besides peach trees, apricot trees and kumquat trees also saw huge price drops today, but few people paid any attention. Many batches of kumquat trees with hundreds of trees were still lying in the rain on the street.

It's cold and rainy, but many people still have to stretch out on the roadside to sell peach blossoms. Photo: Tien Dong

Peaches are sold on Vinh - Cua Lo Boulevard. Photo: Tien Dong

Some people take advantage of the time to go shopping for kumquats near Tet. Photo: Tien Dong

On the 28th day of Tet, many people bought kumquat trees at cheap prices. Photo: Tien Dong

However, there are still many kumquat lots that no one cares about. Photo: Tien Dong