Agricultural product prices on December 4, 2022 in Vietnam: Coffee and pepper simultaneously increased sharply

Published 2022년 12월 4일

Tridge summary

Coffee and pepper prices in Vietnam are fluctuating due to climate change impacts and production challenges, with coffee prices ranging from 40,500 to 41,100 VND/kg and pepper prices from 60,000 to 63,000 VND/kg. The global coffee market is experiencing an increase in Robusta and Arabica prices, driven by weather conditions and production issues, while the pepper market is influenced by the US, China, UAE, India, and Germany as the largest importers. The global pepper industry is expected to face challenges in 2022 due to potential import cuts from the US, Germany, and the Netherlands because of economic recession and inflation, while China's policy on Zero Covid and access to USD for international transactions in Pakistan and Egypt may also impact the market.

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

Original content

Agricultural product prices on December 4: Coffee reached the highest level of 41,100 VND/kg Specifically, in Di Linh district (Lam Dong) the price of coffee is purchased at 40,500 VND/kg. In Bao Loc (Lam Dong), Lam Ha (Lam Dong) coffee prices are at 40,400 VND/kg. In Cu M'gar district (Dak Lak) coffee price today is at 41,000 VND/kg. In Ea H'leo district (Dak Lak), Buon Ho (Dak Lak) coffee prices today are purchased at 40,900 VND/kg. In Pleiku (Gia Lai), La Grai (Gia Lai), the price of coffee today is at 41,000 VND/kg. And in Chu Prong district (Gia Lai) is purchased at a lower price of 40,900 VND/kg. In Gia Nghia and Dak R'lap (Dak Nong), coffee prices reached 41,100 VND/kg and 41,000 VND/kg, respectively. In Kon Tum province, the price of coffee today is purchased at 40,900 VND/kg. Thus, the price of coffee today is fluctuating in the range of 40,500 - 41,100 VND/kg. In general, this week, the domestic coffee price increased by 500-600 VND/kg. On the world market, the price of ...

Source: tieudung