Vietnam: Agricultural prices on December 22, 2022, coffee continues to increase, and pepper goes sideways

Published 2022년 12월 22일

Tridge summary

On December 22, 2022, the agricultural market saw an increase in the prices of key crops, including coffee and pepper, due to global market trends and local production challenges. Coffee prices in Vietnam ranged from 40,200 to 41,000 VND/kg, mirroring a global increase in Robusta and arabica coffee prices. The International Coffee Organization forecasts a slight decrease in global production but a significant rise in consumption for the 2022-2023 crop year. Meanwhile, pepper prices in Vietnam varied from 57,500 to 59,500 VND/kg, influenced by factors such as climate change, high costs, and market demand, particularly in the Chinese market. The Vietnam Pepper Association discussed the challenges faced by farmers, including decreasing prices, climate change, high costs, and the impact of the conflict in Eastern Europe on demand.

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

Original content

Agricultural prices on December 22: Coffee continues to increase by 200 VND/kg Specifically, in Di Linh district (Lam Dong) the price of coffee is purchased at 40,300 VND/kg. In Bao Loc (Lam Dong), Lam Ha (Lam Dong) coffee prices are at 40,200 VND/kg. In Cu M'gar district (Dak Lak) coffee price today is at 40,900 VND/kg. In Ea H'leo district (Dak Lak), Buon Ho (Dak Lak), the price of coffee today is purchased at 40,800 VND/kg. In Pleiku (Gia Lai), La Grai (Gia Lai), the price of coffee today is at 41,000 VND/kg. And in Chu Prong district (Gia Lai) is purchased at a lower price of 40,900 VND/kg. In Gia Nghia and Dak R'lap (Dak Nong), coffee prices reached 41,000 VND/kg and 41,900 VND/kg, respectively. In Kon Tum province, the price of coffee today is purchased at 41,000 VND/kg. Thus, the price of coffee today is fluctuating in the range of 40,200 - 41,000 VND/kg. In the world market, coffee prices simultaneously increased. Accordingly, the price of online Robusta coffee in London ...

Source: tieudung