November 23, 2024 | 12:17 GMT +7
November 23, 2024 | 12:17 GMT +7
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According to the General Department of Customs, the average export price of Vietnam's coffee reached USD2,093 per ton in September 2021, up 4% compared to August 2021 and 11% over September 2020. This is the highest figure since December 2017.
In the first nine months of 2021, Vietnam's average coffee export price reached USD1,884/ton, up 9.2% over the same period in 2020.
In September, Vietnam's coffee exports dropped by 10.2% in volume and 6.6% in value compared to August 2021 but still grossed an increase by 0.6% in volume and 11 .7% in value compared with September 2020, reaching 100,340 tons worth USD210 million.
Coffee exports decreased by 5.4% in volume in the first nine months of 2021 but raised by 3.4% in value over the same period in 2020, reaching 1.18 million tons, worth USD2.23 billion.
The Import-Export Department (Ministry of Industry and Trade) forecasts that Vietnam's coffee exports will surge in the coming months due to an increase in global consumption demand when the country enters the coffee harvest season 2021-2022.
In addition, the social distancing is gradually being eased creating convenience for facilitating the harvest and transportation of coffee.
Translated by Linh Nguyen
(VAN) Pepper prices on November 21, 2024, decreased by VND 500 - 1,000. Domestic pepper prices are trading around the range of VND 138,000 - 139,500/kg.
(VAN) Rice prices on November 21, 2024, have stabilized. For exports, the price of Vietnamese rice has decreased significantly, ranging from $ 4-13/ton.
(VAN) Live pig prices on November 21, 2024, fluctuated by VND 1,000. The live pig market in all three regions is trading around VND 60,000 - 63,000/kg.
(VAN) Coffee prices on November 21, 2024, are stable. Domestic coffee prices are at VND 112,800 - 113,400/kg, increased by VND 6,000 over this week.
(VAN) Live pig prices on November 20, 2024, increased by VND 1,000 in some areas. The live pig market across the 3 regions is trading at VND 60,000 - 63,000/kg.
(VAN) Rice prices on November 20, 2024, shows a slight upward trend for both categories. Regarding exports, Vietnamese rice prices remain stable.
(VAN) Pepper prices on November 20, 2024, only increases slightly in Dak Lak. The domestic pepper price is still trading around VND 138,500 - 140,000/kg.