On August 3, pepper and coffee prices both fell sharply, with few buyers in the market.
Today, August 3, domestic pepper prices today decreased sharply from 1,000 to 2,000 VND, ranging from 146,000 to 147,000 VND/kg. Current coffee prices decreased slightly from 400 to 500 VND/kg, with the highest purchase price at 123,000 VND/kg.
Domestic pepper price today August 3, 2024
Currently, domestic pepper prices today have decreased sharply from 1,000 to 2,000 VND in key areas compared to yesterday.
Domestic pepper prices on August 3 are as follows:
Pepper price in Dak Lak province is purchased at 147,000 VND/kg.
Pepper price in Dak Nong province is purchased at 146,000 VND/kg.
Pepper price in Gia Lai province is at 146,000 VND/kg.
Pepper price in Dong Nai province is at 147,000 VND per kilogram.
Pepper price in Ba Ria - Vung Tau province is at 147,000 VND/kg.
Pepper price in Binh Phuoc province is purchased at 146,000 VND/kg.
Domestic coffee prices 8/3/2024
The domestic coffee market today decreased slightly compared to the same time yesterday. Domestic coffee prices were updated at 4:30 a.m. on August 3, 2024 as follows: Coffee prices decreased by 400 - 500 VND/kg. The current average price is around 122,800 VND/kg in the Central Highlands provinces, the highest purchase price in Dak Nong and Dak Lak provinces is 123,000 VND/kg.
Domestic coffee prices on August 3 are as follows:
Coffee price in Dak Lak province is at 123,000 VND/kg.
Dak Nong coffee purchase price is at 123,000 VND/kg.
The price of green coffee beans (coffee beans, fresh coffee beans) in Lam Dong province is purchased at 122,600 VND/kg.
In Gia Lai province, coffee price today is at 122,900 VND/kg.
Kon Tum coffee is purchased at 122,900 VND/kg.
Due to the rising geopolitical tensions in the Middle East after two assassinations of Hamas and Hezbollah leaders, the USD exchange rate has increased sharply. This has boosted the market's demand for safe-haven assets, indirectly pushing down coffee prices.
Although Brazil is at the end of its harvest season, farmers are reducing coffee prices to sell as much as possible, but speculators want to wait for better opportunities when Vietnam starts its new harvest season in October.
