Coffee prices increased slightly, pepper prices turned down on August 31

(GLO)- Today (August 31), while coffee prices increased slightly by 100 VND/kg, pepper prices decreased by 500-1,000 VND/kg compared to yesterday. However, both of these agricultural products are still at high prices.

The upward trend in coffee prices may still be maintained even when Vietnam enters a new harvest next month. Photo: VT

Specifically, in key growing areas, coffee is fluctuating between 122,100-122,600 VND/kg. Of which, the highest price of 122,600 VND/kg is in Lam Dong province; the lowest is in Gia Lai province with 122,100 VND/kg. Meanwhile, in Dak Lak province, coffee is purchased at 122,400 VND/kg.

According to economic experts, in the short term, coffee prices may fluctuate strongly after the report from Conab is published in September. This report is expected to clarify the risk of production shortage due to weather and climate factors, thereby directly affecting Brazil's 2026-2027 crop year.

In addition, before the European Union (EU) deforestation ban officially takes effect later this year, many European corporations and importers are expected to increase purchases to ensure supply. Therefore, in the long term, the upward trend in coffee prices may still be maintained even when Vietnam enters a new harvest next month.

On August 31, pepper prices fell again by 500-1,000 VND/kg compared to yesterday. Photo: Internet

Regarding pepper, the domestic market today recorded a slight decrease. Accordingly, pepper in Gia Lai province decreased by VND500/kg, down to VND151,000/kg. Meanwhile, in Dak Lak and Lam Dong provinces, pepper is currently at VND152,000/kg after decreasing by VND1,000/kg compared to yesterday.

In the Southeast region, pepper prices today in Ho Chi Minh City and Dong Nai also decreased by 1,000 VND/kg, currently trading at 151,000 VND/kg.

This week, the domestic market increased by an average of 6,000-7,000 VND/kg. Meanwhile, last week, pepper prices increased by 3,000-4,000 VND/kg. Thus, in just the last 2 weeks of August 2025, pepper prices increased by 10,000 VND/kg.

Source: https://baogialai.com.vn/ca-phe-tang-nhe-ho-tieu-quay-dau-giam-gia-trong-ngay-31-8-post565275.html