Good news, coffee price on June 25 increased sharply from 3,000 VND/kg

(GLO)- After a series of consecutive days of price reduction and stability, on June 25, coffee prices turned around and increased sharply, approaching the 100,000 VND/kg mark.

Specifically, in Dak Lak and Dak Nong provinces, traders purchased coffee at the highest price of 99,200 VND/kg, up 3,200 VND/kg compared to yesterday. Gia Lai province increased 3,000 VND/kg compared to yesterday and was traded at 99,000 VND/kg. Lam Dong recorded an increase of 3,500 VND/kg compared to yesterday and was at 99,000 VND/kg.

The domestic coffee market is showing signs of recovery. Photo: PV

Experts say that farmers’ limited sales have reduced immediate supply, while export businesses have not increased orders significantly. This creates a fragile equilibrium, making it difficult for domestic coffee prices to make a major breakthrough without a push from the international market or new stimulus factors.

Pepper price in Gia Lai is at 123,000 VND/kg. Photo: PV

While the coffee market is showing signs of recovery, pepper prices today remain unchanged from the previous trading session. Currently, the average pepper purchase price in key areas is 123,800 VND/kg.

Specifically, pepper prices in Gia Lai province today remained unchanged compared to the previous trading session, at VND123,000/kg. In Ba Ria-Vung Tau and Binh Phuoc provinces, traders purchased pepper at VND123,000/kg. In Dak Lak and Dak Nong provinces, traders purchased pepper at VND125,000/kg.

Source: https://baogialai.com.vn/tin-vui-gia-ca-phe-ngay-25-6-tang-manh-tu-3000-dongkg-post329695.html