Agricultural product prices in Vietnam on September 30, 2022: Coffee decreased by 500 VND/kg while pepper continued to be stable

Coffee and pepper prices in Vietnam are fluctuating due to global market trends and local production issues. Coffee prices are rangeing from 46,400 - 46,900 VND/kg, mirroring a global decrease in prices. The global market is experiencing volatility due to economic uncertainties and speculative activities. Meanwhile, Vietnam's coffee stocks are low, anticipating a significant increase in prices due to a potential decrease in production and increased demand.

Pepper prices in Vietnam vary from 63,500 - 66,000 VND/kg. The country's largest pepper export market, Vietnam, is dealing with a downward global demand trend due to the COVID-19 pandemic, geopolitical tensions, and economic uncertainties. Additionally, unusual rainfall and high export costs have hindered pepper exports, keeping the prices low and limiting the industry's growth. Cambodia, the world's largest pepper producer, has seen a significant drop in exports to Vietnam and other markets, facing challenges in storage, drying, and export logistics.