Vietnam black pepper price 10/07/2018

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Vietnam black pepper price 10/10/2018

Vietnam black Pepper price on the market today increased by VND1,000 / kg in Binh Phuoc, bringing raw material prices here to 53,000 VND / kg. Similarly, pepper price in Chu Se (Gia Lai) was also adjusted up 500 VND / kg, bringing the price of this area to 51,500 VND / kg compared to yesterday.

Pepper prices in Ba Ria – Vung Tau, Dong Nai and other Dak Lak, Dak Nong provinces remain unchanged compared to yesterday, ranging from 52,000-54,000 VND / kg.

10/7: The story of the bat is very sad, the cost of the picture 3

Pepper futures in some markets rose slightly against yesterday, but remained at the lowest level in almost a decade. Source: tintaynguyen

On the floor of Kochi (India), pepper futures for July delivery to July 1818 remained unchanged and stood at Rs 37.505 – 38.155 a quintal.

Coffee price today increased by 500,000 VND / ton

As reported by PV, in the Central Highlands, the price of coffee in bulk bucket was adjusted up 500 VND / kg, equivalent to 500,000 VND / ton compared to last week.

Specifically, the price of coffee in Lam Dong province has escaped the “bottom” since the beginning of the year, now reaching 35,100 VND / kg; Price of coffee in Dak Nong, Gia Lai is at 35,500 VND / kg, and in Dak Lak, agent’s buying price is 35,600 VND / kg.

At the warehouses around Ho Chi Minh City, the price of coffee R1 is 37,100 VND / kg; Prices of FOB coffee delivered at Ho Chi Minh City port are at $ 1,575 / ton, up $ 33 / ton compared to last week’s level, the level of subtraction has been reduced to $ 120 / ton.

10/7: The story of the bat is so sad, the cost of the picture 2

Coffee prices today 10/7 in some markets. Source: giacaphe

In London last night, coffee prices on the London floor surged almost 2 percent from the previous trading day to $ 33 a tonne for the September delivery, USD 1,695 / ton.

Remarkably, for robusta coffee delivered in July / 08, prices closed last night also increased to $ 43 / ton, reaching $ 1,780 / ton. The strong rise of the futures market has pushed up the buying price in Vietnam’s domestic market by 500 dong / kg.

The top Asian coffee exporters have been slow to trade last week, due to falling prices and low demand in Vietnam and Indonesia has not had any moves after the Eid holiday, traders said.

Many Vietnamese farmers still keep their coffee in storage because current prices are too low, while Vietnamese exporters have said weak demand from importers during the holiday season amid abundant supply from Brazil. and Indonesia. Current weather conditions are also favorable for Vietnam’s coffee crop, which will be harvested later this year.

According to the US Department of Agriculture (USDA), the global supply of coffee is expected to exceed the demand of 8 million bags (60kg) in 2018/19, with output from Brazil and Vietnam reaching levels record high.

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