Pepper prices Today, the Central Highlands has moved sideways, ranging between VND 39,000 – VND 42,000 / kg, with the highest in Ba Ria – Vung Tau and lowest in Gia Lai and Dong Nai.
According to statistics from the Indian Trade Commission, the country's coffee imports in the first 8 months of 2019 reached 53,282 tons, worth US $ 75.70 million, down 9.2% in volume and down 21.8 % in value compared to the first 8 months of 2018.
The average import price of Indian coffee in the first 8 months of 2019 reached US $ 1,421 / ton, down 13.8% compared to the same period in 2018.
In particular, the average import price of Indian coffee from Vietnam reached US $ 1,444 / ton, down 12.9%; Kenya reached 1,340 USD / ton, down 8.8%; Indonesia reached 1,374 USD / ton, down 28.4%.
Notably, the average import price of Indian coffee from some sources of supply reached a high level, such as Colombia reaching 3,188 USD / ton; Finland reached 2,500 USD / ton.
Update coffee prices
Coffee price Today, in the Central Highlands region, the province continues to increase by VND 300 / kg in the range of VND 31,600 – 32,000 / kg. In particular, the highest coffee prices recorded in Dak Lak and Gia Lai, the lowest in Lam Dong, according to giacaphe.com.
Coffee price around Ho Chi Minh City port increased 11 USD / ton to 1,401 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,401 | Subtract: +125 | |||
| Dak Lak | 31,700 | 0 | |||
| Lam Dong | 31,300 | 0 | |||
| Gia Lai | 31,700 | 0 | |||
| Dak Nong | 31,700 | 0 | |||
| pepper | 40,500 | 0 | |||
| USD / VND exchange rate | 23.145 | 0 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
Price of robusta coffee delivered in November increased 0.8% to 1,262 USD / ton. Price of arabica coffee delivered in December increased 0.3% to 99.3 UScent / pound.
Uganda's coffee exports in the 2019-2020 crop are expected to be about 16% higher than the previous period, thanks to favorable weather and expanded planted area.
James Kizito Mayanja, market information manager at the State Coffee Development Agency (UCDA), said Uganda's export volume of coffee in the 2019-2020 crop could reach 5.1 million 60 kg bags, up from 4.4 million bags in the previous crop.
Coffee has long been Uganda's largest export commodity but has now been surpassed by gold as its export value exceeded US $ 1 billion as of June this year.
Uganda is also the largest coffee exporter in Africa, followed by Ethiopia. The country mainly grows robusta coffee.
“Last year, we had a good crop and expected higher yields this year because of the favorable weather,” Mayanja said in an interview with Reuters.
“In addition, the planting program begins to work because most of the planted trees are growing.”
