Vietnam: Agricultural prices on April 27, 2022; Coffee and pepper remain at a high level

The article provides an overview of the agricultural prices in Vietnam and the global market as of April 27, 2022. It focuses on the fluctuating prices of coffee and pepper, with coffee prices ranging from 39,800 to 40,500 VND/kg and pepper prices ranging from 76,000 to 78,500 VND/kg. The coffee market is experiencing uneven prices due to various factors, including high risk aversion, concerns about inflation, and potential economic slowdowns. The arabica coffee prices are particularly affected by armed conflict in Eastern Europe and the depreciation of the Brazilian real. On the other hand, robusta coffee prices are showing signs of recovery due to increased demand. The pepper market is expected to see an increase in prices due to a decrease in global pepper output for the third consecutive year, despite the potential for favorable weather conditions to boost production in Vietnam and Brazil. The Vietnam Pepper Association (VPA) also reports a decrease in average yield due to climate change and the lack of specific treatment for diseases.