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 the Ministry of Industry and Trade, in the context that pepper exports continue to face many difficulties and great competitive pressures, the new-generation free trade agreements that Vietnam has recently signed such as the Global Partnership Agreement The transpacific presence and progress (CPTPP) and the Vietnam-EU Free Trade Agreement (EVFTA) are assessed as opportunities for export expansion to the pepper industry.
The Import and Export Department assessed that, for pepper items, the CPTPP has 9 countries committed to immediately eliminate tariffs: Australia, New Zealand, Canada, Malaysia, Singapore, Brunei, Chile, Peru, Japan. . Particularly, the Mexican market committed to eliminate tax according to the 16-year roadmap for green pepper.
Notably, among the CPTPP countries, only Malaysia is a country with significant pepper production, however, the export rate is not much, only about 3% of global exports.
Update coffee prices
Coffee price Today, in the Central Highlands region, it decreased by VND 300 / kg to VND 31,300 – VND 32,500 / kg. In particular, the highest coffee price recorded in Dak Lak, the lowest in Lam Dong, according to giacaphe.com.
Coffee price around the port of Ho Chi Minh City decreased 1 USD / ton to 1,347 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,332 | Subtract: +150 | |||
 Dak Lak |
32,200 | -300 | |||
| Lam Dong | 31,300 | -300 | |||
| Gia Lai | 31,700 | -300 | |||
| Dak Nong | 31,900 | -300 | |||
| pepper | 40,000 | 0 | |||
| USD / VND exchange rate | 23.140 | 0 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
Price of robusta coffee delivered in November decreased 1% to 1,262 USD / ton. Price of arabica coffee delivered in December decreased 0.12% to 93.3 UScent / pound.
According to a report from the World Coffee Organization (ICO), global coffee production in 2018 – 2019 is estimated to increase by 3.7% to 168.87 million including part of the new crop of producing countries. with crops starting in April and July.
Production of both arabica and robusta coffee increased in 2018-2019, although most of the increase came from robusta, up 6.7% to 66.04 million bags compared to 2017-2018. increased by 1.8% to 102.68 million bags, according to ICO.
Production increased in all areas except Mexico and Central America, where harvests fell 0.8% to 21.47 million bags. Almost half of them the coffee The world is produced in South America, where production is estimated to increase by 4.8% to 80.95 million bags this year.
Production in Asia & Oceania increased 4.6% to 48.46 million bags while production in Africa increased 1.9% to 17.99 million bags.
The larger supply in coffee year 2018 – 2019 is reflected in the increase in exports. In the first 11 months of 2018 – 2019, world coffee exports increased by 9.2% to 120.28 million bags over the same period last year.
According to VietnamBiz
