Agroforestry commodities' price, August 4: Stable for pepper, coffee, rubber but rice fluctuates

Forestry and agricultural commodity prices today, August 4, turn to increase in the world coffee market compared to yesterday, continue to decrease in the world pepper market, and oppositely changed in the world rubber market.

Coffee prices

In the world market, coffee prices today, August 4, turn to increase in two large exchanges compared to yesterday.

The Robusta coffee futures price in ICE Futures Europe (London) exchange for September 2021 contracts increases by US$ 19 per ton at US$ 1,772 per ton and increases by US$ 21 per ton at US$ 1,787 per ton for November 2021 contracts.

Likewise, the Arabica coffee futures price in ICE Futures US (New York) for September 2021 contracts increases by Cent 2.05 per pound at Cent 174.85 per pound and increases by Cent 2.1 per pound at Cent 177.85 per pound for December 2021 contracts.

In the domestic market, coffee prices today, August 4, are also up by VND 400-600 in some key provinces compared to yesterday morning, in the range of VND 35,900-36,900 per kilogram.

Specifically, coffee prices today in Di Linh, Bao Loc, and Lam Ha districts of Lam Dong province are the same at VND 35,900 per kilogram.

In Dak Lak province, coffee prices are up to VND 36,800-36,900 per kilogram.

In Dak Nong, Gia Lai and Kon Tum provinces, coffee is purchased at VND 36,700-36,800 per kilogram.

Pepper prices

In the world market, pepper prices today, August 4, at Kochi exchange (India), continue to decrease slightly compared to yesterday, at INR 41,475 per quintal (the highest) and INR 40,783.5 (the lowest).

In the domestic market, pepper prices today, August 4, remain stable compared to yesterday morning, in the range of VND 72,000-75,000 per kilogram.

Specifically, the pepper price in Dak Lak and Dak Nong provinces is at VND 73,000, and VND 72,000 per kilogram in Gia Lai province.

Today, Dong Nai province's pepper price remains at VND 72,500 per kilogram.

The pepper in Ba Ria-Vung Tau province is purchased at the highest of VND 75,000 per kilogram.

In Binh Phuoc province, the pepper price today is traded at VND 74,000 per kilogram.

Currently, Tan Cang Cat Lai port has decided to stop receiving goods due to over-inventory, over 100% of capacity, and the personnel has been decreased a half. This will certainly affect pepper exports for a while.

Rubber prices

In the world market, rubber prices are oppositely adjusted in commodity exchanges.

In Tokyo Commodity Exchange (TOCOM), the futures rubber price for August 2021 contracts is up by JPY 0.2 at JPY 212.1 per kilogram, up by JPY 0.5 at JPY 213.0 per kilogram for September 2021 contracts, and up by JPY 0.9 at JPY 216.0 per kilogram for October 2021 contracts.

In Shanghai Commodity Futures Exchange (SHFE), the futures rubber price for August 2021 contracts is down by CNY 110 at CNY 13,335 per ton, down by CNY 110 at CNY 13,335 per ton for September 2021 contracts, and down by CNY 115 at CNY 13,390 per ton for October 2021 contracts.

In the domestic, rubber prices are stable compared to yesterday.

Fresh rubber latex prices in Binh Phuoc province range from VND 300-315 per TSC-DRC.

Phu Rieng Rubber One Member Limited Liability Company, Binh Phuoc province, has the fresh rubber latex price at VND 325 per TSC-DRC.

In Dak Lak province, the rubber latex price is VND 16,000-18,000 per kilogram, depending on the type.

Rice prices

Rice prices today, August 4, in the Mekong Delta provinces tend to increase and decrease oppositely among rice varieties. The trading market continued to be quiet, and many businesses stopped buying rice.

Specifically, the fresh 8 fragrant rice price increases by VND 100, at VND 5,800-5,900 per kilogram.

The fresh OM 18 rice price reduces VND 100-200, at VND 5,600-5,800 VND per kilogram.

Meanwhile, the fresh OM 5451 rice price increases by VND 200, at VND 4,900-5,200 per kilogram.

The fresh sticky rice price increases by VND 200, at VND 4,200-4,400 per kilogram.

The fresh OM 9582 rice price increases sharply by VND 600, at VND 5,200 - 5,300 per kilogram.

The fresh OM 6976 rice price increases by VND 200, at VND 5,100-5,200 per kilogram.

The Japanese rice price decreases sharply by VND 500, at VND 7,000-7,100 per kilogram.

In summary, forestry and agricultural commodity prices today, August 4, are stable in the domestic pepper and coffee market and rubber market, and adjusted oppositely in the domestic rice market.