DURIAN and mangosteen prices are declining due to a high supply in the market, Bankerohan Public market vendors said.
SunStar Davao conducted price monitoring and found that regardless of variant, durian is now priced at around P100 per kilogram (kg), down from P200 to P250/kg last week.
Juvelyn, one of the vendors, explained that the decrease in durian prices is because the fruit is currently in season, and vendors are preparing for the potential high demand during the upcoming Kadayawan festival in August.
Similarly, mangosteen prices dropped from P100 to P120/kg from P200 to P250/kg last week due to the surplus supply.
On the other hand, pomelo prices have slightly increased from P70 to P80/kg to P90 to P100/kg compared to the last two weeks.
Despite the price drop, vendors do not anticipate further reductions in durian prices, as the current price is already considered the lowest they can offer.
Davao City's Kadayawan Festival, which falls in August, celebrates the bountiful harvest, and it is during this time that fruits, including durian and mangosteen, are abundant in the market.(ICE with Danielle Mari Losis, NDDU Intern)