Pepper prices Today, the whole Central Highlands has moved sideways, ranging between VND 39,000 and VND 42,500 / kg. In particular, the lowest pepper prices in Dong Nai and Gia Lai, the highest in Ba Ria – Vung Tau.
| Province / district (survey area) | Purchasing price Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 40,500 |
| GIA LAI | |
| – Chu Se | 39,000 |
| Dak Nong | |
| – Chiayi | 40,500 |
| BA RIA VUNG TAU | |
| – Text | 41,500 |
| BINH PHUOC | |
| – Text | 40,500 |
| DONG NAI | |
| – Text | 39,000 |
According to calculations from ITC statistics, Thailand's pepper imports in the first 7 months of 2019 reached 3.5 thousand tons, worth $ 20.13 million, up 2.5% in volume, but down 6 , 0% in value compared to the first 7 months of 2018.
In particular, Thailand mainly imports black and white pepper, which has not been crushed or crushed (HS code 090411), accounting for 76.3% of total imports in the first 7 months of 2019, reaching 2.7 thousand tons. , an increase of 19.2% compared to the first 7 months of 2018.
In contrast, Thailand reduced imports of ground and crushed black and white pepper (HS code 090412), down 10.5%.
Regarding the structure of supply, in the first 7 months of 2019, Thailand increased imports of pepper from India, Indonesia Malaysia, the United States and Laos, but reduced imports from Vietnam, China, Philippines, Japan, and Cambodia.
Specifically, Vietnam is the largest pepper source for Thailand in the first 7 months of 2019, reaching 2.76 thousand tons, worth US $ 14.4 million, down 4.9% in volume and down 25.3%. in value over the same period in 2018.
Vietnam's pepper market share in Thailand's total imports decreased from 84.5% in the first 7 months of 2018, to 78.4% in the first 7 months of 2019.
In the first 7 months of 2019, Thailand imported mainly from Vietnam, black pepper and white pepper that has not been ground or crushed, accounting for 70.5% of the total Thai import turnover of pepper, decreased by 14.7% over the same period in 2018.
Update coffee prices
Coffee price Today in the Central Highlands region recovered VND 100 / kg to VND 31,700 – VND 32,600 / kg. In particular, the highest coffee price recorded in Dak Lak, the lowest in Lam Dong, according to giacaphe.com.
Coffee price around Ho Chi Minh City port increased by 6 USD / ton to 1,349 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,349 | Subtract: +150 | |||
 Dak Lak |
32,600 | +100 | |||
| Lam Dong | 31,700 | +100 | |||
| Gia Lai | 32,100 | +100 | |||
| Dak Nong | 32,300 | +100 | |||
| pepper | 40,000 | 0 | |||
| USD / VND exchange rate | 23.140 | -5 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
Price of robusta coffee delivered in November decreased 0.4% to 1,258 USD / ton. Price of arabica coffee delivered in December decreased 1.5% to 95.5 UScent / pound.
Honduras, the largest coffee exporter in Central America, expects the harvest in 2019-2020 to drop by 4.6% to 6.6 million bags (60kg), the Honduras Coffee Institute said.
In addition to falling prices, climate change is another factor that has made coffee business difficult in recent years, Francisco Ordonez, director of the Coffee Institute, said in an interview with Reuters.
Coffee seasons in Central America and Mexico, totaling about one fifth of the world's arabica coffee production, take place from October last year to September next year.
“The price issue has not allowed producers to take care of crops with fertilizer and the drought adds to the impact on farms,” Ordonez said.
More and more coffee farmers have abandoned farms in recent months to migrate north and find new lives in the US even as President Donald Trump seeks to stem the flow of migrants.
According to VietnamBiz
