Agricultural news today (August 4): Coffee and pepper prices are stable, at high levels; rice market has no fluctuations compared to the previous session.
* Coffee prices today are stable, at a high level. Currently, the average coffee purchase price in key areas is at 99,500 VND/kg.
Specifically, today's coffee price in Dak Lak is 99,500 VND/kg, coffee price in Lam Dong is 99,200 VND/kg and coffee price in Gia Lai is 99,400 VND/kg.
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Agricultural news today (August 4): Coffee and pepper prices are stable, staying at high levels. Illustration photo: thoibaotaichinhvietnam.vn |
Experts say that recently, domestic coffee prices have dropped sharply, reflecting pressure from abundant supply. In the first 6 months of the year, coffee prices fluctuated strongly, affected by increased supply and global economic factors.
Therefore, growers should closely monitor price movements to choose the right time to sell, while also paying attention to transportation costs when fuel prices have not cooled down. In the short term, coffee prices may continue to be under pressure if global supply does not change dramatically.
* Pepper prices today are stable, at a high level. Currently, the average pepper purchase price in key areas is 139,300 VND/kg.
Specifically, pepper prices today in Gia Lai, Dong Nai, and Ho Chi Minh City continue to maintain a stable trend compared to before, currently at 139,000 VND/kg.
Pepper prices in Lam Dong today also did not fluctuate, currently traders are buying pepper in this locality at 140,000 VND/kg.
Pepper prices in Dak Lak remained unchanged compared to yesterday's session, currently at 139,500 VND/kg.
Business people believe that domestic pepper prices are currently fluctuating within a narrow range, causing farmers and traders to be cautious in purchasing and bringing goods to the market. This development reflects the instability in supply and demand and the risk-aversion mentality of business people.
According to experts, in the short term, domestic pepper prices will remain stable or may decrease slightly due to unstable export demand and tight supply. However, in the medium and long term, the global supply shortage may support pepper prices to increase again, even creating opportunities for recovery.
* Rice prices today in the Mekong Delta region remained stable, with no fluctuations for both fresh rice and rice.
According to the update from the Department of Agriculture and Environment of An Giang province, the price of IR 504 raw rice for export today fluctuates at 8,500 - 8,600 VND/kg; 5451 raw rice at 9,500 - 9,700 VND/kg; CL 555 raw rice at 9,000 - 9,100 VND/kg; OM 380 raw rice at 8,150 - 8,250 VND/kg; OM 18 raw rice at 9,600 - 9,700 VND/kg; OM 380 finished rice at 8,800 - 9,000 VND/kg; IR 504 finished rice at 9,500 - 9,700 VND/kg.
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| The rice market today has no fluctuations. Illustration photo: thoibaotaichinhvietnam.vn |
At retail markets, rice prices of all kinds remained unchanged compared to the weekend. Currently, Nang Nhen rice has the highest listed price of VND28,000/kg; Huong Lai rice VND22,000/kg; regular rice fluctuates at VND13,000 - 14,000/kg; long-grain fragrant rice fluctuates at VND20,000 - 22,000/kg; Nang Hoa rice VND21,000/kg; Taiwanese fragrant rice VND20,000/kg; Jasmine fragrant rice fluctuates at VND16,000 - 18,000/kg; common white rice VND16,000/kg; Soc regular rice fluctuates at VND16,000 - 17,000/kg; Soc Thai rice is VND20,000/kg; Japanese rice is VND22,000/kg.
Regarding rice, the price of IR 50404 rice (fresh) today fluctuates at 5,700 - 5,900 VND/kg; Nang Hoa 9 rice is at 6,000 - 6,200 VND/kg; Dai Thom 8 rice (fresh) is at 6,100 - 6,200 VND/kg; OM 18 rice (fresh) is at 6,000 - 6,200 VND/kg; OM 5451 rice (fresh) is at 5,900 - 6,000 VND/kg; OM 308 rice (fresh) is at 5,700 - 5,900 VND/kg.
In the export market, Vietnam's rice export prices remained unchanged from yesterday. According to the Vietnam Food Association, currently 5% standard rice is at 382 USD/ton; 25% broken rice is at 358 USD/ton; 100% broken rice is at 325 USD/ton.
VIET CHUNG
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Source: https://baolamdong.vn/ban-tin-nong-san-hom-nay-4-8-gia-ca-phe-va-ho-tieu-neo-o-muc-cao-lua-gao-on-dinh-386310.html
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