23-6-2023 (SINGAPORE) Durian lovers in Singapore are in for a treat this year as the city-state experiences a surplus of the spiky and pungent fruit. The abundance of durians has driven prices down to unprecedented levels, with the fruit even being found in claw machines, allowing enthusiasts to try their luck at catching one for just a dollar.
The surplus can be attributed to major producer Malaysia, which supplies over 85% of Singapore’s durians. In recent years, Malaysian farmers have been diversifying into durian cultivation due to rising prices, choosing the fruit over traditional crops like palm oil and rubber. The durian trees, which take several years to mature, have now reached the stage of production, resulting in a bountiful harvest this year.
Premium durian varieties like Musang King, which typically sold for around S$12 to S$13 per kilogramme, have hit a record low of S$3 (US$2.24) per kilogramme earlier this month. “This is the lowest price I’ve ever seen,” said Sam Tan, executive director of MAPC Sdn Bhd and president of the Malaysia Durian Exporters Association. Tan, who has been in the industry for 12 years, highlights the significant drop in prices.
The availability of durian supply from Malaysia, coupled with the weakening of the ringgit, has played a major role in driving down prices in Singapore. Additionally, the reduced demand caused by people prioritizing essential goods during the current economic climate has contributed to the surplus, according to the Federal Agricultural Market Authority of Malaysia.
The quality of the fruit has also been affected by a record-breaking heatwave earlier this year, further pushing prices lower. For durian enthusiasts in Singapore, who import over 100,000 kilograms of the fruit daily from Malaysia during peak season, this comes as welcome news.
Meanwhile, it’s not just Malaysia that is increasing durian output. Farmers in Thailand and Vietnam have also shifted their focus to durian cultivation, abandoning crops such as rubber and coffee. The primary market for these countries is China, where the durian is rapidly gaining popularity as the most sought-after imported fruit. However, the surge in investment in Malaysia was driven by booming Chinese demand, with quality issues being blamed for the price drop this year, according to durian consultant Lim Chin Khee.
The current hot and dry weather conditions have caused approximately 50% to 60% of durians to develop burnt seeds and contain less “meat,” explained Sam Tan from MAPC.
Known for their creamy and custard-like texture, distinctive musky flavor, and strong aroma, durians have amassed a devoted following. Melissa Yap, a 55-year-old durian fan from Singapore, expressed her delight at the affordable prices, sharing that she and her husband have been enjoying the fruit up to three times a week. “We are really happy that durians are more affordable now and will certainly be eating more in the coming weeks,” she said.
