Pepper prices today in the Central Highlands and the South moved sideways, ranging between 40,000 – 42,500 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 | 42,500 |
| BINH PHUOC | |
| – Text | 41,500 |
| DONG NAI | |
| – Text | 40,000 |
According to statistics from the Ministry of Commerce of India, the country's pepper imports in the first 10 months of 2019 reached 25,274 tons, worth US $ 79.78 million, up 19.4% in volume, but down 33 % in value compared to May 10, 2018.
The average import price of Indian pepper in the first 10 months of 2019 was at 3,157 USD / ton, down 43.9% over the same period in 2018.
In particular, the average import price of Indian pepper from Vietnam reached 2,438 USD / ton, down 43.7%; Indonesia reached 2,515 USD / ton, down 46%; Sri Lanka reached 6,268 USD / ton, down 11.3%; Brazil reached 2,338 USD / ton, down 61.9%.
Vietnam is the largest pepper source for India in the first 10 months of 2019, reaching 12.1 thousand tons, worth US $ 29.55 million, up 56.2% in volume, but down 12.1% in value. compared to the first 10 months of 2018.
Vietnam's pepper market share in total Indian imports increased from 36.7% in the first 10 months of 2018, to 48% in the first 10 months of 2019.
Update coffee prices
The price of coffee in the Central Highlands region continues to decrease by VND 100 – 200 / kg in the range of 32,100 – 32,700 VND / kg. In particular, the price of coffee in Lam Dong province is the lowest and highest in Kon Tum and Dak Lak, according to tintaynguyen.com.
Coffee price at warehouses around Ho Chi Minh City port decreased by VND 200 / kg to VND 33,900 / kg.
| Province / district (survey area) | Purchasing price Unit: VND / kg |
|---|---|
| Lam Dong | |
| – Lam Ha (Robusta) | 32,200 |
| – Bao Loc (Robusta) | 32,100 |
| – Di Linh (Robusta) | 32,100 |
| DAK LAK | |
| – Residential M’gar (Robusta) | 32,800 |
| – Ea H’leo (Robusta) | 32,700 |
| – Buon Ho (Robusta) | 32,600 |
| GIA LAI | |
| – Chu Prong (Robusta) | 32,600 |
| – Pleiku (Robusta) | 32,500 |
| – Ia Grai (Robusta) | 32,500 |
| Dak Nong | |
| – Chiayi (Robusta) | 32,500 |
| – Dak R’lap (Robusta) | 32,400 |
| KON TUM | |
| – Dak Ha (Robusta) | 32,600 |
| HO CHI MINH | |
| – R1 | 33,900 |
The price of robusta coffee delivered in January 202020 decreased by 1.4% to 1,386 USD / ton. The price of arabica coffee delivered in March 2020 decreased by 0.7% to 132.7 UScent / pound.
According to the November coffee market report of ICO, global coffee exports in October reached 8.91 million bags, the lowest level since September 2017.
This figure represents a decrease of 13.4% compared to the same period in 2018 and 2.4% compared to the same period in 2017. The volume of robusta coffee exports in the world decreased by 21.6% to 2.82 million bags and arabica coffee dropped 9% to 6.08 million bags, according to the ICO.
Coffee production from Saudi Arabia witnessed the largest decline, down 23.2% to 1.33 million bags while export volume from Brazil fell 9.5% to 3.44 million bags.
In contrast, exports from Colombia increased by 13.5% to 1.31 million bags over the same period last year. The depreciation of the Colombian currency against the US dollar for much of 2019 could be a contributing factor to the increase in shipments from Colombia.
Coffee exports from South America amounted to 5.29 million bags in October, led by 3.42 million bags from Brazil. Export from Brazil, accounting for 38.4% of the region's total coffee exports, down 12.9% from October 2018 due to the narrowing of the 2019-2020 crop.
According to VietnamBiz
