Agricultural product prices in Vietnam on July 20, 2022: Coffee and pepper simultaneously increased

Published 2022년 7월 20일

Tridge summary

Coffee and pepper prices in Vietnam are fluctuating between 42,300 - 42,900 VND/kg and 67,000 - 70,000 VND/kg respectively. The USDA forecasts a global coffee production increase of 4.7% in the 2022-2023 coffee year. Meanwhile, global coffee exports in May reached 10.8 million bags, a 10% year-on-year increase. However, quarter two saw a 2-5% drop in coffee prices due to tight monetary policy and an abundant supply. In China, pepper growers are worried about the sharp drop in selling prices due to the Covid-19 pandemic's economic impact, while consumers are dealing with falling prices across various goods.

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

Original content

Agricultural product prices on July 20: Coffee continues to increase Specifically, in Di Linh district (Lam Dong) the price of coffee is purchased at 42,400 VND/kg. In Bao Loc (Lam Dong), Lam Ha (Lam Dong) coffee prices are at 42,300 VND/kg. In Cu M'gar district (Dak Lak) the price of coffee today is at 42,900 VND/kg. In Ea H'leo district (Dak Lak), Buon Ho (Dak Lak) coffee prices today are purchased at 42,800 VND/kg. In Pleiku (Gia Lai), La Grai (Gia Lai), the price of coffee today is at 42,800 VND/kg. In Chu Prong district (Gia Lai) is purchased at a lower price of 42,700 VND/kg. In Gia Nghia and Dak R'lap (Dak Nong), coffee prices reached 42,800 VND/kg and 42,700 VND/kg, respectively. In Kon Tum province, the price of coffee today is purchased at 42,800 VND/kg. Thus, the price of coffee today is fluctuating in the range of 42,300 - 42,900 VND/kg. On the world market, the price of online robusta coffee in London delivered in September 2022 was recorded at $ 1,998 / ton after ...

Source: tieudung