Alibaba buys 800,000 Thai durian fruits

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BANGKOK, July 11 (TNA) -- A subsidiary of Alibaba Group ordered at least 800,000 durian fruits from three farmers’ cooperatives in the East next year.

Deputy Agriculture and Cooperatives Minister Wiwat Salyakamthorn presided over the signing of the purchase agreement between Shanghai Win Chain Supply Management Co and the cooperatives. The order under the agreement covers at least 3,000 tons of durian per year.

Pichet Wiriyapaha, director-general of the Cooperative Promotion Department, said the company would buy at least 3,000 tons, equivalent to 800,000 durian fruits, in the 2019 crop season from Nikhom Wangsai Cooperative in Rayong province, Makham Agricultural Cooperative in Chanthaburi province and Khao Saming Agricultural Cooperative in Trat province. It was a major market opportunity for Thai fruits, he said.

Representatives of Shanghai Win Chain Supply Management Co discussed their direct purchase plan with representatives of eastern farmers’ cooperatives on April 19 and inspected orchards and production quality in the three eastern provinces in late May.

The company planned to retail durian through its online and convenience store networks in China. It required the contracted cooperatives to source quality durian fruits and put them in boxes bearing the company’s logo and information. The company offered purchase prices higher than market prices. (TNA)