Today (September 7), coffee and pepper prices both "plummeted"

(GLO)- On September 7, the domestic agricultural market recorded a "plummet" in coffee and pepper prices. Accordingly, in key regions, coffee prices decreased by 1,700-2,000 VND/kg, pepper prices decreased by 1,000 VND/kg compared to yesterday's trading session.

Specifically, after a decrease of 2,000 VND, coffee in Gia Lai province is now priced at 112,800 VND/kg. With the same decrease, in Lam Dong province, coffee is priced at 112,000 VND/kg. In Dak Lak province, coffee is purchased at 113,200 VND/kg (down 1,800 VND/kg).

On September 7, the domestic agricultural market recorded a "plummet" in coffee and pepper prices. Photo: Internet

While prices may adjust in the short term, global coffee demand is forecast to remain stable. However, climate change factors may affect future production and this will be one of the main factors determining coffee prices.

Regarding pepper, today, after a general decrease of 1,000 VND/kg, pepper price in Gia Lai province reached 150,000 VND/kg; in Dak Lak and Lam Dong provinces it was 152,000 VND/kg; in Ho Chi Minh City and Dong Nai province it was 151,000 VND/kg.

According to forecasts from the Import-Export Department under the Ministry of Industry and Trade, world pepper prices are expected to continue to increase in the second half of 2025. Currently, the market is experiencing a pause due to complicated tax policies and somewhat cautious purchasing psychology.

Source: https://baogialai.com.vn/hom-nay-7-9-gia-ca-phe-va-ho-tieu-cung-tut-doc-post565881.html