Durian sellers in both Singapore and Malaysia have predicted the durian price drop to last at least until Chinese New Year next month.

If you have not had your durian fix met this year, now is your lucky moment due to the glut of durians coming from Malaysian durian plantations, resulting in record low prices! Even durian strains like the highly sought-after musang king variety are going for as low RM52.37 per kg.

Durian vendors in Singapore explained that a spike in supplies from Malaysian plantations in Pahang, Johor, and Genting Highlands have ensured an exorbitant surplus of durians that’s led to a plunge in prices.

This is the most by which durian prices have dropped in 10 years, even though there is a yearly seasonal decline in prices in December, according to local Singaporean durian sellers.

For instance, AAA grade musang king, which is the top tier of the durian variety, is now going for S$25 (RM81.82) per kg across the Causeway, a 37% drop from the S$40 going price six months ago. The normal-tier musang king durian costs S$16 (52.37) per kg, down by 36% from S$25 six months ago.

Prices of other varieties of durian have also dropped by as much as nearly 50%. The popular black gold durian now sells for about S$18 (RM58.91) to S$20 (RM64.46) a kg, down by as much as 44% from S$32 (RM104.73) a kg six months ago. The D24 durian now sells for about S$12 (RM39.27) a kg, down 33% from S$18 (RM58.91) six months ago.

Durian sellers in both Singapore and Malaysia figure that the durian price drop will last at least until Chinese New Year next month. Christmas parties are about to turn into durian parties around the Klang Valley, so if you haven’t splurged on your favourite king of fruits yet, this is your time!

Source: Straits Times