Agricultural prices in Vietnam on March 29, 2023; coffee dropped, pepper remained at a high level

Published 2023년 3월 29일

Tridge summary

Vietnam is experiencing a fluctuation in agricultural product prices as of March 29, 2023, with coffee prices ranging from 47,800 VND/kg to 48,300 VND/kg and pepper prices from 63,500 VND/kg to 66,000 VND/kg. The global market sees a decrease in Robusta and Arabica coffee prices, while Vietnam's Robusta coffee inventory is nearing a record low due to increased demand. The demand for Arabica beans is expected to decrease due to production challenges in Brazil and Indonesia, with climate change also posing a threat to suitable cultivation land. Meanwhile, Vietnam's pepper exports to China have surged, making China the largest market, despite a decrease in average export price leading to a drop in turnover.

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

Original content

Agricultural product prices on March 29: Coffee dropped by 500 VND/kg Specifically, in Di Linh district (Lam Dong) the price of coffee was purchased at 47,900 VND/kg. In Bao Loc (Lam Dong), Lam Ha (Lam Dong) coffee prices are at 47,800 VND/kg. In Cu M'gar district (Dak Lak), the price of coffee today is 48,300 VND/kg. In Ea H'leo district (Dak Lak), Buon Ho (Dak Lak) coffee prices today are purchased at 48,200 VND/kg. In Pleiku (Gia Lai), La Grai (Gia Lai), the price of coffee today is at 48,300 VND/kg. In Chu Prong district (Gia Lai) is purchased at a lower price of 48,200 VND/kg. In Gia Nghia and Dak R'lap (Dak Nong), coffee prices reached 48,200 VND/kg and 48,100 VND/kg, respectively. In Kon Tum province, the price of coffee today is purchased at 48,300 VND/kg. Thus, the price of coffee today is fluctuating between 47,800 - 48,300 VND/kg. On the world market, the price of Robusta coffee in London delivered in May 2023 decreased by 29 USD/ton at 2,185 USD/ton, delivered in July ...

Source: tieudung