Vietnam: Coffee reached 40,500 VND/kg, and peppercorn increased sharply on November 29, 2022

Published 2022년 11월 29일

Tridge summary

Coffee and pepper prices in Vietnam are fluctuating between 39,900 - 40,500 VND/kg and 59,500 - 63,000 VND/kg respectively. The global coffee market has seen a decrease in prices, but Middle Eastern cultural shifts have led to a doubling of global coffee consumption, with the market expected to grow at an annual rate of 5.5%. The UAE is becoming a major coffee trading center in the Middle East. Meanwhile, increased year-end demand has led to a sharp increase in pepper prices in Vietnam, but domestic traders are trying to exit before the new crop begins. Chinese traders and major Vietnamese pepper exporters are waiting for prices to go down before exporting to China.

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

Original content

Agricultural product prices on November 29: Coffee reached the highest level of 40,500 VND/kg Specifically, in Di Linh district (Lam Dong) the price of coffee is purchased at 40,000 VND/kg. In Bao Loc (Lam Dong), Lam Ha (Lam Dong) coffee prices are at 39,900 VND/kg. In Cu M'gar district (Dak Lak) coffee price today is at 40,500 VND/kg. In Ea H'leo district (Dak Lak), Buon Ho (Dak Lak) coffee prices today are purchased at 40,400 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 40,500 VND/kg and 40,400 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 39,900 - 40,500 VND/kg. On the world market, the price of coffee turned down. Accordingly, the price of online robusta coffee in London ...

Source: tieudung