Pepper prices today in the Central Highlands and the South remained unchanged, ranging between VND 39,000 and VND 41,500 / kg.
| The provincial
/ district (survey area) |
Purchase price
Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 40,000 |
| GIA LAI | |
| – Chu Se | 39,000 |
| Dak Nong | |
| – Chiayi | 40,000 |
| BA RIA VUNG TAU | |
| – Average price | 41,500 |
| BINH PHUOC | |
| – Average price | 40,500 |
| DONG NAI | |
| – Average price | 39,000 |
In Cambodia, Kampot pepper has been granted a Geographical Indications (GI) certificate from the European Union (EU) since 2016, increasing pepper yield and quality assurance.
In 2019, about 120 tons of Kampot pepper that has been granted Geographical Indications (GI) from the EU has been harvested, but the traditional way of selling it through the Kampot Pepper Promotion Association is less than half.
According to the Kampot Pepper Promotion Association, at the end of December 2019, the Kampot Pepper Promotion Association sold about 50 tons of pepper, lower than 68 tons in 2018. Of which, 30% was consumed in domestic market, mainly for travel shops and 70% for export.
Cambodia's export markets for pepper include the EU, US, Japan, China and South Korea. The remaining pepper stored by farmers can be sold in the domestic market, but at a lower price, depending on demand.
During the week of January 2, 2020, the prices of black and white pepper for export on the world market fluctuated heterogeneously compared to December 2019.
Update coffee prices
Coffee prices today in the Central Highlands region continued to fall 100 VND / kg. For the whole region, the price of coffee fluctuated in the range of 30,400 – 30,900 VND / kg. In particular, the price of coffee in Lam Dong province is the lowest and highest in Dak Lak, according to giacaphe.com.
Coffee price at warehouses around the port of Ho Chi Minh City decreased by 1 USD / ton to 1,384 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,384 | Subtract: +80 | |||
| Dak Lak | 30,900 | -100 | |||
| Lam Dong | 30,400 | -100 | |||
| Gia Lai | 30,700 | -100 | |||
| Dak Nong | 30,700 | -100 | |||
| pepper | 40,000 | 0 | |||
| USD / VND exchange rate | 23.105 | 0 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
Price of robusta coffee delivered in March 2020 increased by 0.2% to 1,306 USD / ton. Arabica coffee prices fell 0.7% to 101.3 USCent / pound.
Coffee prices fell due to plentiful supply, transactions were quiet. According to the Brazilian Institute of Geography and Statistics (IBGE), Brazil's coffee production in 2020 will increase by 12.9% compared to 2019, to 56.4 million bags of 60 kg (equivalent to 3.4 million tons). ).
In particular, Arabica coffee production is estimated at 42.2 million 60 kg bags (equivalent to 2.5 million tons), an increase of 22.1% compared to 2019.
Accordingly, the average yield increased by 16.2%, while the newly planted area increased by 4.2% and the harvested area increased by 5.0%. Robusta coffee production is estimated at 14.2 million bags (equivalent to 852,000 tons), down 7.7% compared to 2019.
In Vietnam, the transaction was quite quiet due to the upcoming Tet holiday in 2020. This situation is similar in Indonesia because exporters are waiting for Robusta coffee harvest in the region. South Sumatra island, where harvest usually begins in March.
According to a report by Coxta Rica National Coffee Institute, the country's coffee exports in December 2019 decreased 9.6% compared to December 2018, to 35,790 bags. In the first 3 months of the crop year 2019/20, Coxta Rica's coffee export reached 61,417 bags, down 27% compared to the first 3 months of the crop year 2018/19.
According to a report by the National Coffee Institute of Honduras, coffee exports of this country in December 2019 decreased by 4.1% compared to December 2018, reaching 339.608 bags. Accumulated in the first 3 months of the crop year 2019/20, Honduras coffee exports reached 521,411 bags, down 8.3% compared to the first 3 months of the crop year 2018/19.
According to VietnamBiz
