Update price of pepper (November 6, 2019)

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Pepper prices Today, the Central Highlands has moved sideways at VND 39,000 – 41,500 / kg. In particular, the common price is 40,500 VND / kg recorded in the provinces of Dak Lak, Dak Nong and Binh Phuoc. The highest coffee price is 41,500 VND / kg in Ba Ria – Vung Tau province.

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 38,500

It is estimated that pepper exports in October 2019 reached 15 thousand tons, worth US $ 36 million, down 0.3% in volume and down 2.9% in value compared to September 2019, compared to October. / 2018 decreased by 0.1% in volume and 21% in value.

In the first 10 months of 2019, pepper exports reached 248 thousand tons, worth US $ 629 million, up 19.5% in volume, but down 7.4% in value compared to the first 10 months of 2018.

The average export price of pepper in October 2019 reached US $ 2,400 / ton, down 2.6% compared to September 2019 and down 20.8% compared to October 2018.

In the first 10 months of 2019, the average export price of pepper reached US $ 2,534 / ton, down 22.6% over the same period in 2018.

Update coffee prices

Coffee price Today in the Central Highlands region increased sharply 700 VND / kg to 32,600 – 33,000 VND / kg. In particular, the price of coffee in Lam Dong province is the lowest and highest in Kon Tum province, according to giacaphe.com.

Price of coffee delivered to Ho Chi Minh City port increased by 33 USD / ton to 1,464 USD / ton.

Domestic coffee prices

TT human bucket Average price Change
FOB (HCM) 1.464 Subtract: +125
Coffee priceDak Lak 33,000 +700
Lam Dong 32,600 +700
Gia Lai 33,000 +700
Dak Nong 33,000 +700
pepper 40,000 0
USD / VND exchange rate 23.145 0
Calculation unit: VND / kg | FOB: USD ($) / ton

The price of robusta coffee delivered in January 2020 increased by 2.2% to 1,346 USD / ton. Price of arabica coffee delivered in December increased by 2% to 105.8 UScent / pound.

According to information in the French Echo, in recent months, Robusta coffee from Brazil has been heavily imported into Europe.

This is an unusual phenomenon and it is likely that Brazil will soon replace Vietnam as the world's largest source of Robusta coffee.

Brazil is promoting exports of Robusta conillon coffee lines that are cheaper than Vietnamese Robusta coffee and Brazil's Robusta coffee line is increasingly attracting customers' attention.

However, according to statistics from ITC, the average import price of German coffee from Vietnam remained low at US $ 1,628 / ton, while the average import price of coffee from Brazil reached US $ 2,104 / ton.

Therefore, it can be seen that price is not the main factor that helps Vietnamese coffee to improve its competitiveness in Germany.

Brazil is the largest source of coffee for Germany in the first 9 months of 2019, the import amount reached 269.3 thousand tons, worth 566.73 million USD, up 24.1% in volume and 2.6% in value. price over the same period in 2018.

Brazil's coffee market share in total German imports increased from 26.2% in the first 9 months of 2018, to 31.6% in the first 9 months of 2019. Vietnam is the second largest source of coffee for Germany. , import volume decreased by 6.7% compared to the first 9 months of 2018.

Vietnam's coffee market share in total German imports accounted for 22.3% in the first 9 months of 2019, lower than 24.6% in the first 9 months of 2018. Currently, Germany mainly imports types of coffee unroasted and decaffeinated coffee (HS code 090111), accounting for 99.5% of total turnover.

According to VietnamBiz

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