Coffee and pepper prices both increased on the last day of July

(GLO)- On July 31, coffee prices continued to increase by 500-700 VND/kg compared to yesterday, raising the average coffee purchase price in key areas to 97,700 VND/kg. Meanwhile, pepper prices also increased again after a series of flat days.

Coffee price in Gia Lai province on July 31 is at 97,800 VND/kg. Photo: VT

Specifically, today's coffee price in Gia Lai province is at 97,800 VND/kg (up 600 VND/kg); in Dak Lak it is 98,000 VND/kg (up 700 VND/kg). In Lam Dong province, after increasing 500 VND/kg, coffee is currently being purchased by traders at 97,300 VND/kg.

Similarly, on the last day of July, the domestic pepper market turned positive when pepper prices today increased again in some localities after many flat sessions. Currently, the average pepper purchase price in key areas is 137,900 VND/kg.

Vietnam's pepper export market is stable compared to yesterday's sharp decline. Photo: Internet

Accordingly, today's pepper price in Gia Lai province increased by 1,000 VND/kg, at 137,000 VND/kg. With a similar increase, pepper price in Ho Chi Minh City and Dong Nai was purchased at the same price of 138,000 VND/kg.

Particularly in Lam Dong and Dak Lak, pepper prices remained stable compared to yesterday, at 138,000 VND/kg.

Vietnam's pepper export market is stable compared to yesterday's sharp decline. Currently, Vietnam's black pepper export price is at 6,140 USD/ton for 500 g/l; 550 g/l is at 6,270 USD/ton and white pepper is at 8,850 USD/ton.

Source: https://baogialai.com.vn/ca-phe-va-ho-tieu-cung-tang-gia-trong-ngay-cuoi-cung-cua-thang-7-post562245.html