Agricultural product prices today 4/6/2021: Coffee turned down, pepper increased by 1,000 VND/kg in Vietnam

Published 2021년 6월 4일

Tridge summary

The article reports on the fluctuation of agricultural prices in Vietnam and the global market as of June 4, 2021. It highlights a slight decrease in raw coffee prices in the Central Highlands, ranging from 33,500 to 34,700 VND/kg, due to a global market downturn, despite a predicted continuous increase driven by relaxing social distancing measures in major consuming markets. The slowdown in export volume from the leading producers, Brazil's focus on a new arabica coffee harvest, and an estimated shortage of 11.6 million coffee bags in the 2021-2022 supply are noted. In contrast, pepper prices in Vietnam have increased in some areas, with a decrease in Gia Lai province, and labor costs being a concern for farmers. A forecast is made for a slight global pepper price increase, with Vietnam accounting for about 32% of the world's pepper production.

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

Original content

Agricultural prices today 4/6: Coffee slightly decreased Recording the price of raw coffee today 4/6, in the Central Highlands turned to decrease by 100-200 VND/kg compared to yesterday. Specifically, in Di Linh district (Lam Dong) the price of coffee is purchased at 33,500 VND/kg. In Bao Loc (Lam Dong), Lam Ha (Lam Dong) coffee prices are at 33,600 VND/kg. In Cu M'gar district (Dak Lak) coffee price today is at 34,700 VND/kg. In Ea H'leo district (Dak Lak), Buon Ho (Dak Lak), the price of coffee today is purchased at 34,500 VND/kg. In Pleiku (Gia Lai), La Grai (Gia Lai), the price of coffee today is at 34,400 VND/kg. And in Chu Prong district (Gia Lai) is purchased at a lower price of 34,300 VND/kg. In Gia Nghia and Dak R'lap (Dak Nong), coffee prices were purchased at 34,400 VND/kg and 34,300 VND/kg, respectively. In Kon Tum province, the price of coffee today is purchased at 34,300 VND/kg. Thus, the price of coffee today is fluctuating in the range of 33,500 - 34,700 VND/kg. In ...

Source: tieudung