Vietnam: Coffee and pepper simultaneously increased on January 5, 2023

Published 2023년 1월 5일

Tridge summary

On January 5, 2023, Vietnam saw an increase in the price of coffee, ranging from 39,600 VND/kg to 40,400 VND/kg, despite global markets showing opposite trends. Meanwhile, pepper prices also rose by 500 VND/kg in several regions. globally, pepper demand is expected to fall in 2022 due to high inflation and China's 'Zero Covid' policy, but prices are higher than 2021, leading to increased import value. Vietnam continues to dominate a significant share of China's pepper imports, despite a decrease in 2022.

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

Original content

Agricultural prices on January 5: Coffee continues to increase by 300 VND/kg Specifically, in Di Linh district (Lam Dong) the price of coffee is purchased at 39,700 VND/kg. In Bao Loc (Lam Dong), Lam Ha (Lam Dong) coffee prices are at 39,600 VND/kg. In Cu M'gar district (Dak Lak), the price of coffee today is at 40,300 VND/kg. In Ea H'leo district (Dak Lak), Buon Ho (Dak Lak) coffee prices today are purchased at 40,200 VND/kg. In Pleiku (Gia Lai), La Grai (Gia Lai), the price of coffee today is at 40,400 VND/kg. And in Chu Prong district (Gia Lai) is purchased at a lower price of 40,300 VND/kg. In Gia Nghia and Dak R'lap (Dak Nong), coffee prices reached 40,400 VND/kg and 40,300 VND/kg, respectively. In Kon Tum province, the price of coffee today is purchased at 40,400 VND/kg. Thus, the price of coffee today is fluctuating in the range of 39,600 - 40,400 VND/kg. In the world market, coffee prices fluctuate in opposite directions. Accordingly, the online price of Robusta coffee in ...

Source: tieudung