Improve transparency

- As harvest season approaches, both coffee growers and traders are on edge. The reason is that the downward trend in coffee prices continues. This started last May, when coffee-exporting countries were all forecasting a bumper crop this year.

- Prices go up and down; you can't expect them to keep rising forever. However, the rapid fluctuations in coffee prices are strongly influenced by the financial market. Since last year, coffee and cocoa have been considered safe haven assets for capital due to their high profitability. Now, investors on major global exchanges have immediately shifted their capital to gold, oil, etc., to make quick profits.

- Any fluctuations in one place immediately affect another. Why is the price of durian exported from our country also fluctuating so wildly?

- The largest export market for durian in Vietnam is China. However, recently, a series of durian shipments have been returned due to heavy metal contamination exceeding regulated limits. Experts in this field speculate that the heavy metal contamination may be caused by imported fertilizers.

- If the regulatory agency receives a complaint about this matter but remains silent, the problem cannot be resolved. The responsibility to disclose information must be clear. To overcome difficulties in production and business, the regulatory agency must first improve transparency.

TU QUEO

Source: https://www.sggp.org.vn/cai-thien-minh-bach-post800725.html