Dry purple onion price drops sharply to only VND2,000 per kg

Binh Dinh Province is at the end of the winter-spring season so onion growers are urgently harvesting.

Despite the current record low price, traders are not ready to buy dry purple onions. For this reason, many farmers brought them back home to store after harvest.

Currently, traders pay only VND2,000 per kilogram of purple onion at the fields. During the passing years, the price of dry purple onions was stable ranging from VND30,000 (US$1.3) to VND60,000 (US$2.6) per kilogram in addition to the easy planting method so local farmers chose to plant purple onions for living.

According to some traders in Binh Dinh Province, the record low price was due to the huge number of imported dry purple onions from China with cheaper prices.

Besides, Chinese dry onions were bigger than domestic ones and easy to peel so a lot of consumers chose Chinese onions.