Agricultural product prices on March 17, 2023 in Vietnam: Pepper price remained stable, coffee decreased by 200 dong

Published 2023년 3월 17일

Tridge summary

Pepper and coffee price updates in Vietnam as of March 17, 2023:

- Pepper prices are stable across various provinces, with a forecasted recovery in the global market due to increased demand. However, Vietnamese farmers face challenges such as crop losses and lower selling prices compared to the previous year.
- Meanwhile, green coffee prices in the Central Highlands provinces have decreased by 200 VND/kg. Despite this, both the London and New York bourses have seen an uptrend in the prices of Robusta and Arabica coffee futures, indicating strong market demand and concerns about supply shortage.

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

Original content

Pepper price today 17/3 is stable In Dak Lak and Dak Nong provinces, today's pepper price was purchased at VND 79,500/kg. In Gia Lai province, today's pepper price is at VND 78,500/kg. Meanwhile in Dong Nai, pepper price today is at 78,500 VND/kg. In Ba Ria - Vung Tau province, today's pepper price is at 81,000 VND/kg. In Binh Phuoc province, today's pepper price is purchased at 80,000 VND/kg. Pepper prices today remained stable in the provinces compared to the same time yesterday. As recorded, about 50% of new crops in Vietnam have been put into transactions. According to the Ministry of Industry and Trade, the global pepper market is forecast to recover due to increasing demand from importers. In the opposite direction, Vietnam is increasing pepper imports while the output of the new crop is not satisfactory. In this year's harvest, most pepper farmers have faced many difficulties because many regions have lost their crops due to the influence of erratic weather. Pepper farmers ...

Source: tieudung