Agricultural product prices in Vietnam on November 21, 2022: Coffee reached VND 39,500/kg while pepper remained stable

Published 2022년 11월 21일

Tridge summary

On November 21, 2022, Vietnam saw a significant increase in the prices of key agricultural products, with coffee reaching a high of 39,500 VND/kg and pepper at 61,500 VND/kg in some regions. globally, the price of Robusta coffee in London for January 2023 delivery was $1,811 per ton, while Arabica coffee in New York for December 2022 was 151.3 cents/lb. The 2021-2022 crop year witnessed a decline in Brazilian and Colombian arabica coffee exports, but an increase in other arabica and robusta coffee exports, with Vietnam and India playing a significant role. Pepper exports have seen a steady increase over the past decade, with Vietnam being the leading producer. Despite India's fluctuating exports, there has been a notable increase in its pepper re-exports. Globally, pepper prices have trended downward in the last five years, leading to an expansion in growing areas and resulting in lower prices from 2019 to early 2020.

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

Original content

Agricultural prices on November 21: Coffee reached the highest level of 39,500 VND/kg Specifically, in Di Linh district (Lam Dong) the price of coffee is purchased at 39,000 VND/kg. In Bao Loc (Lam Dong), Lam Ha (Lam Dong) coffee prices are at 38,900 VND/kg. In Cu M'gar district (Dak Lak) the price of coffee today is at 39,500 VND/kg. In Ea H'leo district (Dak Lak), Buon Ho (Dak Lak) coffee prices today are purchased at 39,400 VND/kg. In Pleiku (Gia Lai), La Grai (Gia Lai), the price of coffee today is at 39,400 VND/kg. And in Chu Prong district (Gia Lai) is purchased at a lower price of 39,300 VND/kg. In Gia Nghia and Dak R'lap (Dak Nong), coffee prices reached 39,500 VND/kg and 39,400 VND/kg, respectively. In Kon Tum province, the price of coffee today is purchased at 39,400 VND/kg. Thus, the price of coffee today is fluctuating in the range of 38,900 - 39,500 VND/kg. On the world market, the price of Robusta coffee in London for delivery in January 2023 was at $1,811 per ton, ...

Source: tieudung