Vietnam: Coffee and peppercorn prices on March 24, 2023

Published 2023년 3월 24일

Tridge summary

On March 24, 2023, agricultural product prices were reported with coffee prices fluctuating in Vietnam from 46,900 VND/kg to 47,400 VND/kg, and Robusta coffee prices increasing in the world market. Arabica coffee prices, however, saw a decrease. Meanwhile, coffee exports from Africa, led by Uganda, saw a significant increase, while Central American and Mexican exports experienced a decline. Pepper prices in Vietnam ranged from 63,500 VND/kg to 66,000 VND/kg, and international pepper prices were also reported. The global pepper market is expected to grow at a CAGR of 2.5% from 2023 to 2030, reaching US$5.3 billion, and the global black pepper market is projected to grow at a CAGR of 8.51% from 2023 to 2029, reaching 5,832.4 million USD in 2027.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Agricultural product prices on March 24: Coffee increased by 100 VND/kg Specifically, in Di Linh district (Lam Dong) the price of coffee is purchased at 47,000 VND/kg. In Bao Loc (Lam Dong), Lam Ha (Lam Dong) coffee prices are at 46,900 VND/kg. In Cu M'gar district (Dak Lak), the price of coffee today is at 47,400 VND/kg. In Ea H'leo district (Dak Lak), Buon Ho (Dak Lak) coffee prices today are purchased at 47,300 VND/kg. In Pleiku (Gia Lai), La Grai (Gia Lai), the price of coffee today is at 47,300 VND/kg. And in Chu Prong district (Gia Lai) is purchased at a lower price of 47,200 VND/kg. In Gia Nghia and Dak R'lap (Dak Nong), coffee prices reached 47,300 VND/kg and 47,200 VND/kg, respectively. In Kon Tum province, the price of coffee today is purchased at 47,300 VND/kg. Thus, the price of coffee today is fluctuating in the range of 46,900 - 47,400 VND/kg. In the world market, the price of Robusta coffee in London delivered in May 2023 increased by 12 USD/ton at 2,124 USD/ton, ...

Source: tieudung