Agricultural product prices in Vietnam on March 25, 2023: Coffee continued to increase strongly, pepper remained at a high level

Published 2023년 3월 25일

Tridge summary

As of March 25, 2023, Vietnam is experiencing an increase in agricultural prices, with coffee and pepper reaching high levels. Coffee prices are fluctuating between 47,900 - 48,400 VND/kg, and pepper prices range from 63,500 - 66,000 VND/kg. On the global market, Robusta and Arabica coffee prices have seen an increase, while pepper prices have also risen. Experts predict that these prices will remain stable in the first and second quarters of the year, with an increase to 75,000-80,000 VND/kg by the end of the year. Factors such as high bank interest rates, a weak global economy, currency devaluation, and the upcoming Brazilian crop yield can impact the market dynamics. The hoarding mentality of farmers and active buying by Chinese traders are expected to contribute to the rising trend of pepper prices.

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

Original content

Agricultural prices on March 25: Coffee continues to increase by 1,000 VND/kg Specifically, in Di Linh district (Lam Dong) the price of coffee is purchased at 48,000 VND/kg. In Bao Loc (Lam Dong), Lam Ha (Lam Dong) coffee prices are at 47,900 VND/kg. In Cu M'gar district (Dak Lak), the price of coffee today is 48,400 VND/kg. In Ea H'leo district (Dak Lak), Buon Ho (Dak Lak) coffee prices today are purchased at 48,300 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 48,300 VND/kg and 48,200 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 47,900 - 48,400 VND/kg. On the world market, the price of Robusta coffee in London delivered in May 2023 increased by 65 USD/ton at 2,189 USD/ton, delivered ...

Source: tieudung