There are still hundreds of Binh Dinh apricot trees left in the Tet flower market in Da Nang (Tien Son Sports Palace, Hai Chau district). Traders said that apricot trees have never been so unsold like this year. The prices have dropped 50-70% but still have not attracted customers.
At noon on the 30th day of Tet, many traders in the Tet flower market in Da Nang are breaking pots and removing soil to take the roots of apricot trees
Dozens of unsold apricot trees have to be returned to Binh Dinh
The Binh Dinh apricot trees are unsold in the Tet flower market in Da Nang, traders are breaking pots and taking roots to bring back
Mr. Nguyen Huu Phuc brought 200 apricot trees to Da Nang for sale from the 21st day of the last lunar month. By noon on the 30th day of Tet, he still had 160 trees left. When he first came to the flower market, he sold each tree for prices ranging from 2 to 4 million VND. Now, the price has dropped to 1.5 million VND.
“I sell at a loss to get money for the trees, and the other expenses are considered as my own investment” – Mr. Phuc said.
The price has dropped more than half, because it is not possible to reduce it further, traders have to bring the trees back
The scene at various apricot tree stalls in the Da Nang Tet flower market on the 30th day of Tet
Traders said that there has never been a year with such low demand for apricot trees like this year
Despite the significant price reductions, apricot tree stalls are still unsold and many people inquire but do not buy. Mr. Nguyen Cong Bang said that by noon on the 30th day of Tet, he still had more than 60 out of 100 apricot trees that he brought to the flower market.
According to Mr. Bang, the difficult economic situation strongly affects people’s purchasing power for flowers and ornamental trees this year.
Unwanted apricot trees at the flower market
Only few customers buy apricot trees
At noon on the 30th day of Tet, there are still many apricot trees left at the market
At 1pm on the 30th day of Tet, whether selling out or not, Mr. Bang decided to leave the flower market to return to Binh Dinh and celebrate Tet with his family. The unsold apricot trees will be broken pots, the roots will be tied up, and they will be transported back to be taken care of next year.
Many other traders are facing the same situation, they have started to break pots to take the roots of apricot trees.
Apricot trees are priced at 500,000 VND per pot
These lower-priced apricot trees used to cost about 1 to 1.5 million VND
Mr. Hoang Van Quan (on the left) buys an apricot tree for 600,000 VND
The 2024 Da Nang Tet flower market is held on the sidewalk of 3 roads adjacent to Tien Son Sports Palace including Nai Nam 2 street, Doan Khue street, and Nai Nam 3 street in Hoa Cuong Bac ward, Hai Chau district from January 31 to the night of February 9, 2024 (from the 21st to the 30th day of the last lunar month).
The market is divided into 267 lots for organizations and individuals in and outside the city to have exhibition spaces to trade flowers and ornamental trees to serve the needs of enjoying and decorating Tet.
