Pepper prices today in the Central Highlands and the South unchanged, ranging from 39,500 to 42,000 VND / kg.
| The provincial
/ district (survey area) |
Purchase price
Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 41,000 |
| GIA LAI | |
| – Chu Se | 39,500 |
| Dak Nong | |
| – Chiayi | 41,000 |
| BA RIA VUNG TAU | |
| – Text | 42,000 |
| BINH PHUOC | |
| – Text | 41,000 |
| DONG NAI | |
| – Text | 39,000 |
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.
The current decline in pepper production is due mainly to erratic climatic conditions in crop areas in southern India.
Update coffee prices
Coffee prices today in the Central Highlands region remained unchanged, ranging between 32,100 – 32,800 VND / kg. In particular, the price of coffee in Lam Dong province is the lowest and highest in Dak Lak, according to tintaynguyen.com.
Coffee prices at warehouses around the port of Ho Chi Minh City increased by VND 200 / kg to VND 34,100 / kg.
| The provincial
/ district (survey area) |
Purchase price
Unit: VND / kg |
|---|---|
| Lam Dong | |
| – Lam Ha (Robusta) | 32,100 |
| – Bao Loc (Robusta) | 32,100 |
| – Di Linh (Robusta) | 32,000 |
| DAK LAK | |
| – Residential M’gar (Robusta) | 33,000 |
| – Ea H’leo (Robusta) | 32,800 |
| – Buon Ho (Robusta) | 32,800 |
| GIA LAI | |
| – Pleiku (Robusta) | 32,400 |
| – Chu Prong (Robusta) | 32,400 |
| – 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 | 34,100 |
The price of robusta coffee delivered in January 2020 went sideways at 1,326 USD / ton. The price of arabica coffee delivered in March 2020 increased by 3.9% to 132.5 UScent / pound.
According to the US Department of Agriculture (USDA), Brazil's coffee production forecast for 2019-2020 is revised to 58 million 60 kg bags, due to lower production than previously expected in coffee growing regions. arabica.
It is estimated that coffee export after exploitation has decreased to 35.32 million bags because the supply of coffee may be lower.
The instant coffee industry is expected to benefit directly from the Free Trade Agreement (FTA) signed in June last year by the European Union (EU) and the South American Market Community (Mercosur). ).
The Brazilian Soluble Industry Association (ABICS) forecasts 35% increase in sales after import duties were removed in the five-year period of the FTA.
The Ministry of Agriculture, Livestock and Supply (MAPA) has successfully intervened in the coffee industry and the Brazilian government has set up the Coffee Policy Advisory Council (CDPC) to set policies for the industry.
It is estimated that the amount of coffee in stock in 2019-2020 is 1.38 million bags, down 783,000 bags from the previous season due to the lower amount of coffee available in the current season.
According to VietnamBiz
