September 12: Coffee price increased sharply by more than 2,000 VND/kg, pepper decreased by 1,000 VND/kg

(GLO)- Today (September 12), coffee prices reversed and increased sharply from 2,300-2,500 VND/kg. Meanwhile, pepper prices decreased sharply by 1,000 VND/kg compared to yesterday.

Specifically, coffee prices in key growing areas fluctuate between 116,000-116,900 VND/kg.

In Lam Dong province, coffee is currently purchased at the highest price of 116,900 VND/kg (up 2,300 VND/kg); next is Dak Lak at 116,800 VND/kg (up 2,300 VND/kg) and finally in Gia Lai province at 116,700 VND/kg (up 2,400 VND/kg).

On September 12, coffee prices in key growing areas fluctuated between 116,000 and 116,900 VND/kg. Photo: Internet

On the contrary, after decreasing by 1,000 VND/kg, the domestic pepper price today is at 148,000-152,000 VND/kg.

Accordingly, pepper prices in Dak Lak and Lam Dong provinces are at 152,000 VND/kg; in Gia Lai it is 149,000 VND/kg; in Ho Chi Minh City and Dong Nai it is 151,000 VND/kg.

World pepper prices have increased sharply in some Southeast Asian countries. In Vietnam, black pepper export prices have increased sharply, while white pepper prices have increased slightly. The reason is due to high demand for the year-end holiday season and a weakening USD as the Fed prepares to cut interest rates.

Source: https://baogialai.com.vn/ngay-12-9-gia-ca-phe-tang-manh-hon-2000-dongkg-ho-tieu-giam-1000-dongkg-post566416.html