Update pepper prices (November 22, 2019)

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Pepper prices Today, in the Central Highlands and the South, it has fluctuated between VND 40,000 and 42,000 per kg. In particular, pepper prices in Dong Nai province are the lowest and highest in Ba Ria – Vung Tau, according to tintaynguyen.com.

Province / district (survey area) Purchasing price Unit: VND / kg
DAK LAK
– Ea H’leo 40,500
GIA LAI
– Chu Se 40,000
Dak Nong
– Chiayi 40,500
BA RIA VUNG TAU
– Text 42,000
BINH PHUOC
– Text 41,000
DONG NAI
– Text 40,000

The sharp drop in black pepper prices and low yields due to erratic climate are the main concern of farmers in Kerala and Karnataka, two major Indian pepper producing states, according to The Hindu.

The price of black pepper decreased from 760 rupees / kg in 2017 to 490 rupees / kg and then to 290 rupees / kg.

Spot prices of pepper in Wayanad district of Kerala state and Coorg of Karnataka state on October 30 dropped to 285 rupee / kg from 390 rupee / kg in the same period last year.

Update coffee prices

Coffee price Today, in the Central Highlands region continued to increase by VND 300 / kg on a large scale, ranging from VND 33,500 to VND 33,900 / kg. In particular, the highest coffee price recorded in Dak Lak and the lowest in Lam Dong, according to giacaphe.com.

The price of coffee delivered to the port of Ho Chi Minh City increased 16 USD / ton to 1,527 USD / ton.

Domestic coffee prices

TT human bucket Average price Change
FOB (HCM) 1,527 Subtract: +125
Coffee priceDak Lak 33,900 +300
Lam Dong 33,500 +300
Gia Lai 33,800 +300
Dak Nong 33,800 +300
pepper 40,500 0
USD / VND exchange rate 23.140 0
Calculation unit: VND / kg | FOB: USD ($) / ton

Robusta coffee prices delivered in January 1/2020 increased 1% to 1,399 USD / ton. The price of arabica coffee delivered in December increased 3.6% to nearly 113.8 UScent / pound.

In 2019, Indian coffee exports fell for the second year in a row because the availability of available coffee declined as lower production in the 2018-2019 crop ended in September, according to The Hindu Business Line.

As a result, exporters were unable to meet new orders to export coffee abroad amid fears of losing market share in Europe, the country's main destination for coffee, to producers. as big as Vietnam.

As of October 3, coffee exports from India, including re-exports, stood at 290,000 tons, slightly higher than last year's 289,000 tons.

The marginal increase is due to higher re-exports, at 70,201 tons compared to 68,637 tons last year. Coffee production in India reached 220,000 tons, slightly higher than 219,000 tons in the same period.

“Insufficient coffee supplies and declining exports in October led to a few percentage points drop in export volumes,” said Ramesh Rajah, president of the Coffee Exporters Association.

In 2018, India's coffee exports reached 350,000 tons, down from a record level of 378,000 tons in 2017. Shipments in the fourth quarter of 2018 were at 63,217 tons.

According to VietnamBiz

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