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00:04Mentioning the labor export industry in Pahang, this small mountain town
00:07Many people's first thought is Musang King.
00:09That is known as the home of Musang King
00:12This small mountain town made its fortune thanks to durians.
00:15Once famous internationally for its golden Musang King fruit pulp.
00:19When durian prices are high
00:22Farmers make money, merchants make money
00:23The whole town became lively.
00:26Some even described
00:27Musang King is like gold hanging on a tree.
00:30It supported the entire prison's economy
00:32But now, durian has both made and broken them.
00:36A durian tsunami has dealt a severe blow to the economy of the prison this year.
00:40Not as good as
00:40This land of Musang King is experiencing an unprecedented economic boom.
00:44cold winter
00:45According to an exclusive report by China Press
00:47Due to factors such as excessive durian production...
00:50The durian tsunami has impacted the economy of the old mountain town.
00:53The report points out that with the old durian bar exceeding a thousand acres of land, there is no natural environment for its cultivation.
00:57It was extensively destroyed the year before last.
00:59Including the end of last year and June of this year
01:02Durians are in peak season in all states across the country at the same time
01:04A durian tsunami, the worst in over a decade, erupted.
01:08Price plummet
01:09Farmers' income is not enough to buy fertilizer and pesticides.
01:12Farmers have no way to express their suffering
01:14It also severely damaged the economy of old products.
01:16That giant durian model in the old city garden...
01:20It has become a landmark of old buildings.
01:22During durian season
01:24Large durian stalls can be seen everywhere in the old town.
01:27More than ten years ago
01:28The price of Musang King durian once soared to RM103 per kilogram.
01:33Although it only lasted a few days
01:35But it also broke the record.
01:36But what about now?
01:37Because, apart from Malaysia, all other countries...
01:39Vietnam, Indonesia, Thailand, and China too.
01:42Everyone rushed to plant durians
01:44This led to overproduction.
01:45This year, a durian tsunami finally formed.
01:49Cai Zhaosheng, Vice President of the Associated Chinese Chambers of Commerce and Industry of Malaysia
01:52In an interview with China Press, he said
01:54During the past durian season
01:56Many tourists come specifically to Laowu to eat durian.
01:59Drive consumption across various industries
02:01But what happens after the durian market weakens?
02:03Indeed, it has a significant impact on the economy and market of old goods.
02:06For example, industries such as catering and retail services.
02:09This has brought a certain impact.
02:11Another advertising professional specializing in old products
02:13During the interview, he revealed
02:14Due to two durian tsunamis
02:17The current market for vintage items is as quiet as still water.
02:20The economy is exceptionally weak.
02:22This advertising professional revealed
02:23So far this year
02:25At least forty shops in the old city area were forced to close.
02:2970% of them were closing down.
02:32What about the other 30%?
02:33They relocated to other commercial centers to continue operating.
02:37This is his most recent experience in the advertising industry in over thirty years.
02:40A rather rare phenomenon
02:42There are more businesses closing down and having to take down their signs than others.
02:45The fact that businesses are putting up signs when opening new stores is quite touching.
02:49However, while the old-fashioned goods merchants were still dealing with the durian tsunami
02:53While struggling to cope with the aftermath of the severe economic damage to the local area...
02:56The market, however, presented a completely different picture.
02:59Just a few months ago, fruit farmers were worried about the price of durians plummeting due to an oversupply.
03:04However, the harvest is now poor due to excessively hot weather.
03:07The market is beginning to face a situation where there are prices available but no sales.
03:11From too many durians to sell out to too few durians to sell.
03:15In just a few months
03:16The Malaysian durian market has once again witnessed a dramatic reversal.
03:19Chen Jian, president of the Malaysian Durian Exporters Association
03:23In an interview with China Press, he said
03:24Affected by the hot weather
03:26Durian harvests began to decline in August and September.
03:29This has already led to a decrease in export volume.
03:31Chen Jian said that fruit is all about geographical advantage.
03:35However, Malaysia's weather is quite unstable.
03:37Either the harvest is too good
03:38Either the weather is too hot or there is insufficient rainfall.
03:40This resulted in a poor harvest.
03:41From December of last year to January of this year?
03:44Durian harvest is good
03:45Exporters have a large stockpile of goods.
03:48But what about back then?
03:49The Chinese market, however, has slowed down.
03:51This leads to exporters
03:53Their supply chain was blocked.
03:54We can only gradually reduce our existing inventory.
03:57April of this year
03:59When Musang King durians from Johor were released
04:01Due to exporters
04:02They still have inventory on hand.
04:04Therefore, there was no large-scale procurement.
04:05Because no one thought of saying that at the time
04:08Durian harvest will be poor this August and September.
04:11Chen Jian also said
04:12Musang King A fruit price today
04:14It has already reached over 70 ringgit.
04:16B fruit?
04:17It also costs more than 60 ringgit.
04:19But there are no durians available now.
04:21What about another week?
04:23That's all.
04:24The harvest won't be available until December.
04:27Durian is expensive
04:29But the garden owner wasn't happy either.
04:30Because there was no fruit
04:32Only one basket
04:33Two baskets
04:3480 or 100 capsules
04:35For the garden owner
04:37It's also a torment
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