Singapore's durian market is experiencing a price reversal after weeks of unusually low costs. Sellers report that the abundant supply of durians that flooded the market following a bumper harvest has begun to ease, with prices starting to rise again in recent days.
The shift comes as Malaysia's Johor state, a major supplier to Singapore, enters the end of its durian season. This seasonal decline in supply is reversing the conditions that led to the recent price drop, which had made durians significantly more affordable for consumers in Singapore.
Sellers are signaling that consumers who have been waiting for prices to fall further may need to make purchasing decisions soon. With the supply of cheap durians expected to continue diminishing as the harvest season concludes, prices are anticipated to continue rising from current levels.
In-depth summary · AI, neutral