Market prices of agricultural products today 3/5/2020: Pepper prices, coffee prices go sideways

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Pepper price today 3/5/2020, prices of Central Highlands and the South “quiet” transactions slowed down.

Pepper prices today 3/5/2020, prices of Central Highlands and the South “calm” transactions slowed down

Record prices for pepper today in the Central Highlands and the South The highest price at 39,500 VND / kg was recorded in Ba Ria – Vung Tau, the lowest was 37,000 VND / kg in Gia Lai, Dong Nai.

Specifically, prices of pepper in Dak Nong (Gia Nghia) and Dak Lak (Ea H’leo) stood at VND 38,000 / kg.

Pepper prices in Ba Ria – Vung Tau provinces are the places with the highest pepper prices in the region when trading at 39,500 VND / kg.

Pepper price in Binh Phuoc was VND 38,500 / kg.

Pepper price in Gia Lai is 37,500 VND / kg

Meanwhile, pepper price in Dong Nai is VND 37,500 / kg.

The market for domestic agricultural prices is closely following the prices of world agricultural products. At this time, the export market of agricultural products was fiercely competitive, not only price but also output.

Therefore, fluctuating world agricultural prices will impact the market of agricultural products prices in Vietnam.

Agricultural market prices today 3/5

Market prices of agricultural products in the first three days of May 2020 recorded a continuous increase, especially coffee prices, in the first 3 days of May pepper recorded a slight increase.

Forecasting if the price increase of coffee is maintained in the coming week, the coffee might return to VND 32,000 / kg.

Up to 6am 3/5, the price of green coffee in the Central Highlands provinces and the South ranges from 30,400 – 30,900 VND / kg.

+ Specifically, today's coffee price in Bao Loc (Lam Dong) is VND 30,400 / kg, the price of coffee in Di Linh, Lam Ha is lower than VND 33,000 / kg.

+ Price of coffee in Cu M’gar, Ea H’leo, Buon Ho (Dak Lak) VND / kg is priced at VND 30,700 – VND 30,900 / kg.

+ Coffee price in Gia Lai (Chu Prong, Pleiku and Ia Grai) is at VND 30,500 – 30,600 / kg.

+ Coffee price in Dak Nong, including Dak R’lap and Gia Nghia, is traded at VND 32,500 – 30,600 / kg.

+ Coffee price in Kon Tum (Dak Ha) is around VND 30,500 / kg.

+ R1 coffee price delivered at Ho Chi Minh City port is at VND 32,000 / kg.

Closing the weekend, robusta coffee price in London increased slightly, coffee price delivered in July 2020 increased by 11 USD / ton (0.92% increase) at 1,205 USD / ton.

While in New York, arabica coffee prices in May 2020 decreased slightly, specifically, arabica coffee prices fell 0.2 cents / lb (down 0.19%), trading at 104.45 cents / lb.

According to TTVN

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