Vietnam: Agricultural prices on 30/11, world market is precarious, domestic is manipulated

Published 2021년 11월 30일

Tridge summary

Coffee and pepper prices in Vietnam are fluctuating, with coffee prices ranging from 39,900 to 40,800 VND/kg and pepper prices from 82,000 to 85,000 VND/kg. globally, coffee prices have decreased, while Switzerland has increased imports from Brazil and decreased imports from Vietnam. Pepper output in Vietnam and the world is expected to decrease in the next crop year due to depletion of reserves and increased demand. However, the future of the pepper industry is precarious due to manipulation in the domestic market and the need for clean agricultural products.

In Vietnam, farmers are facing high costs and challenges in replanting, with a history of neglect leading to unproductive lands. Awareness of clean agricultural products is increasing, which could lead to higher prices for pepper products. The future of the pepper industry and farmers hinges on their alertness to potential risks and the need to adapt to changing market dynamics.

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

Original content

Agricultural product prices on November 30: Coffee simultaneously decreased by 800 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), the price of coffee today is at 40,800 VND/kg. In Ea H'leo district (Dak Lak), Buon Ho (Dak Lak), the price of coffee today is purchased at 40,700 VND/kg. In Pleiku (Gia Lai), La Grai (Gia Lai), the price of coffee today is at 40,700 VND/kg. And in Chu Prong district (Gia Lai) is purchased at a lower price of 40,600 VND/kg. In Gia Nghia and Dak R'lap (Dak Nong), coffee prices are purchased at 40,700 VND/kg and 40,600 VND/kg, respectively. In Kon Tum province, the price of coffee today is purchased at 40,700 VND/kg. Thus, the price of coffee today is fluctuating in the range of 39,900 - 40,800 VND/kg. In the world market, coffee prices went down this morning. Accordingly, the online price of ...

Source: tieudung