The price of pepper is now VND60,000 a kg, fermented cacao, VND58,000 a kg; and coffee, VND29,200–30,200 a kg.
Several export companies, however, have not been able to buy coffee because many farmers in Ea H'Leo, Krong Nang, Cu M'Gar and Buon Ho districts sold their crops in advance to traders before harvest.
Nguyen Tan Quang, chairman of the provincial Alliance of Cooperatives, said that most farmers in the rural and remote areas of Ea H'Leo had sold their coffee before harvest, at VND18,000-19,000 a kg, to get money to buy fertilisers, fuel and pesticides.
The price of coffee, pepper and cacao would continue rising, according to export companies.
Dak Lak provincial authorities have asked Government agencies to help farmers by promoting trade and providing up-to-date market forecasts.
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