Vietnam: Arabica coffee and peppercorn prices on March 14, 2023

Published 2023년 3월 14일

Tridge summary

On March 14, 2023, Vietnam saw a decrease in coffee prices, with rates varying from 47,000 VND/kg to 47,500 VND/kg across different provinces. Despite this, the global market experienced a drop in Robusta coffee prices and a slight increase in Arabica coffee prices. In 2022, Vietnam's coffee production reached 1.84 million tons, with over 93% of it coming from the Central Highlands provinces. The country also certified 185.8 thousand hectares of coffee land, creating job opportunities for nearly 600 thousand farmers. Vietnam exported over 1.77 million tons of coffee, generating over $4.05 billion in revenue, with Robusta coffee being the dominant export.

Concurrently, Vietnam's pepper market witnessed price fluctuations, ranging from 63,500 VND/kg to 66,000 VND/kg, depending on the province. Despite China's imports of pepper decreasing by 35.6% in 2022, China is expected to revive its pepper trade following the lifting of Covid-19 isolation measures on January 8, 2023.

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

Original content

Agricultural product prices on March 14: Coffee decreased by 300 VND/kg Specifically, in Di Linh district (Lam Dong) the price of coffee is purchased at 47,100 VND/kg. In Bao Loc (Lam Dong), Lam Ha (Lam Dong) coffee prices are at 47,000 VND/kg. In Cu M'gar district (Dak Lak), the price of coffee today is at 47,500 VND/kg. In Ea H'leo district (Dak Lak), Buon Ho (Dak Lak) coffee prices today are purchased at 47,400 VND/kg. In Pleiku (Gia Lai), La Grai (Gia Lai), the price of coffee today is at 47,400 VND/kg. And in Chu Prong district (Gia Lai) is purchased at a lower price of 47,300 VND/kg. In Gia Nghia and Dak R'lap (Dak Nong), coffee prices reached 47,400 VND/kg and 47,300 VND/kg respectively. In Kon Tum province, the price of coffee today is purchased at 47,400 VND/kg. Thus, the price of coffee today is fluctuating in the range of 47,000 - 47,500 VND/kg. On the world market, the price of Robusta coffee in London delivered in May 2023 decreased by 27 USD/ton at 2,113 USD/ton, ...

Source: tieudung