Pepper prices today in the Central Highlands and the South moved sideways, ranging between 40,000 – 42,000 VND / kg. In particular, pepper prices in Dong Nai and Gia Lai provinces 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 | 41,000 |
| GIA LAI | |
| – Chu Se | 40,000 |
| Dak Nong | |
| – Chiayi | 41,000 |
| BA RIA VUNG TAU | |
| – Text | 42,000 |
| BINH PHUOC | |
| – Text | 41,000 |
| DONG NAI | |
| – Text | 40,000 |
Indian coffee farmers, who have been burdened with lower yields this year, are facing another problem with sharply declining pepper output.
Pepper is often intercropped with coffee and areca in the states of Karnataka, Kerala and Tamil Nadu in India. While coffee production is estimated to fall by 15-20% this year, pepper output is expected to decline by more than 30%, according to Deccan Herald.
In 2018-2019, India harvests 64,000 tons of pepper and is estimated to decrease to about 45,000 tons in 2019-20.
In 2017-2018, pepper production reached 70,878 tons due to the districts of Kerala state and 5 districts of Karnataka state affected by heavy rain, floods and landslides, causing damage to plantations resulting in low yields.
Harvest of pepper begins in February. The state of Karnataka accounts for about 50% of domestic pepper production, followed by Kerala and Tamil Nadu.
Update coffee prices
Today's coffee price in the Central Highlands region continues to increase by VND 400 / kg on a large scale, ranging between VND 33,400 and VND 33,600 / kg. In particular, the price of coffee in Lam Dong province is the lowest and highest in Dak Lak, according to giacaphe.com.
Coffee prices at warehouses around the port of Ho Chi Minh City increased by 22 USD to 1,522 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,522 | Subtract: +120 | |||
 Dak Lak |
33,600 | +400 | |||
| Lam Dong | 33,400 | +400 | |||
| Gia Lai | 33,500 | +400 | |||
| Dak Nong | 33,500 | +400 | |||
| pepper | 40,500 | 0 | |||
| USD / VND exchange rate | 23.120 | 0 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
The price of robusta coffee delivered in January 2020 increased 1.8% to 1,406 USD / ton. The price of arabica coffee delivered in March 2020 decreased by 0.7% to 123 UScent / pound.
According to the International Coffee Organization (ICO), global coffee exports decreased by 13.4% to 8.91 million bags compared to last year in October. ICO considers this is the lowest export volume since October. 9/2017.
In particular, robusta coffee exports decreased by 21.6% to 2.82 million bags and arabica coffee decreased by 9% to 6.08 million bags.
Arabica coffee exports from other countries recorded the largest reduction, 23.2% to 1.33 million bags, while coffee exports from Brazil fell 9.5% to 3.44%.
In contrast, arabica coffee exports from Colombia increased by 13.5% compared to October 2018 to 1.31 million bags in October.
The depreciating Colombian peso against the US dollar for most of 2019 could be a cause of the country's coffee exports.
In addition, the ICO maintains a preliminary forecast of the world will have a deficit of about 502,000 bags in 2019-2020.
Despite the slowdown in growth, consumption is expected to surpass production this year. Most of the growth in consumption is forecast to come from Asia and Oceania.
According to VietnamBiz
