Agricultural products today (August 14): Domestic coffee prices continue to increase

The domestic coffee market continues to increase in price. In the Central Highlands, the common purchase price ranges from 107,300 VND to 108,200 VND/kg.

Specifically, Lam Dong recorded a coffee price of 107,300 VND/kg, an increase of 800 VND; Gia Lai at 107,800 VND/kg, an increase of 800 VND; Dak Lak at 108,000 VND/kg, an increase of 700 VND.

Agricultural news today (August 14): Domestic coffee prices continue to increase. Photo: VNA

Compared to the beginning of 2025 when prices ranged from VND119,000 to VND119,800/kg, the current price is about VND11,000-11,600/kg lower. However, compared to the same period last year (about VND103,800/kg), the current coffee price is still higher by VND3,500 to VND4,400/kg.

Overall, coffee prices are showing signs of recovery thanks to supply and demand factors and export performance. However, the market still needs to closely monitor developments in trade policy and weather to be able to make more accurate assessments of the long-term outlook.

*The domestic pepper market continues to maintain a stable state compared to yesterday, with the average price trading around 140,800 VND/kg in key growing areas. Dak Lak, Lam Dong, Gia Lai, and Ho Chi Minh City all recorded unchanged prices compared to the previous trading session. This reflects a sideways trend that has lasted for many days, creating a fairly reassuring mentality for both growers and traders.

In Dak Lak, pepper was purchased at the highest level in the region, showing that domestic demand remained good. Lam Dong and Gia Lai kept prices stable at approximately average levels, while other localities also had no significant fluctuations. With the current price level, farmers can balance harvesting and selling in parts to ensure profits, while still keeping some of their goods waiting for new price increases.

Source: https://baosonla.vn/kinh-te/nong-san-hom-nay-14-8-gia-ca-phe-trong-nuoc-tiep-tuc-tang-dJVolLlHR.html