Pepper prices today in the Central Highlands and the South plummeted 1,000 to 2,000 VND / kg, ranging between 37,000 – 40,500 VND / kg.
| The provincial
/ district (survey area) |
Purchase price
Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 39,000 |
| GIA LAI | |
| – Chu Se | 37,000 |
| Dak Nong | |
| – Chiayi | 39,000 |
| BA RIA VUNG TAU | |
| – Average price | 40,500 |
| BINH PHUOC | |
| – Average price | 39,500 |
| DONG NAI | |
| – Average price | 38,000 |
According to the Central Highlands Agroforestry Science and Technology Institute (WASI), this time is suitable for adjusting the pepper growing area, reducing from 150,000 ha to 100,000 ha, in which each province should specify the specific seed area. pepper needs to be maintained, the rest is converted to other crops to ensure livelihoods for farmers.
In addition, the pepper industry also needs the State to invest in mechanisms and policies suitable to the market situation. In the first 18 days of January 2020, black pepper prices in the domestic market decreased. On January 18, 2020, the price of black pepper decreased from 1.2 to 1.3% compared to December 31, 2019, compared with December 18, 2019 from 2.4 to 2.5%.
Domestic black pepper price was the lowest at 39,000 VND / kg in Chu Se district, Gia Nai province and Dong Nai province; The highest level is VND 41,500 / kg in Ba Ria Vung Tau province. The price of white pepper at 62,000 VND / kg, down 4.6% compared to the end of December 2019 and much lower than the 83,000 VND / kg in the same period in 2019.
Update coffee prices
Coffee prices today in the Central Highlands region continued to recover 100-200 VND / kg. A common increase is 100 VND / kg recorded in most provinces in the Central Highlands. Only Lam Dong province increased by VND 200 / kg.
For the whole region, the price of coffee fluctuates in the range of 31,000 – 31,500 VND / kg. In particular, the price of coffee in Lam Dong province is the lowest and highest in Kon Tum, according to tintaynguyen.com.
Coffee prices at warehouses around the port of Ho Chi Minh City were unchanged at VND 32,800 / kg.
| The provincial
/ district (survey area) |
Purchase price
VND / kg |
|---|---|
| Lam Dong | |
| – Lam Ha ROBUSTA | 31,000 |
| – Bao Loc ROBUSTA | 31,000 |
| – Di Linh ROBUSTA | 30,900 |
| DAK LAK | |
| – Residential M’gar ROBUSTA | 31,500 |
| – Ea H’leo ROBUSTA | 31,400 |
| – Buon Ho ROBUSTA | 31,300 |
| GIA LAI | |
| – Pleiku ROBUSTA | 31,300 |
| – Chu Prong ROBUSTA | 31,200 |
| – Ia Grai ROBUSTA | 31,300 |
| Dak Nong | |
| – Dak R’lap ROBUSTA | 31,300 |
| – Chiayi ROBUSTA | 31,300 |
| KON TUM | |
| – Dak Ha ROBUSTA | 31,500 |
| HO CHI MINH | |
| – R1 | 32,800 |
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.
According to the International Coffee Organization (ICO), total production for Central America and Mexico from 2019 to 2020 is expected to decline slightly by 400,000 bags to 19.1 million as some countries have to combat rust on the leaves. coffee, recorded the first reduction from 2013 – 2014.
Profits earned in Mexico thanks to favorable weather are expected to offset losses in Honduras, where farmers restrict implementation of preventive measures against leaf rust due to low prices and the ability to restrict lending.
Production of El Salvador and Panama is at 650,000 and 75,000, respectively, as these countries continue to struggle with rust. Guatemala production is expected to decrease 200,000 bags to 3.6 million bags with reduced production.
Coffee exports across the region from 2019 to 2020 are expected to decrease by 800,000 bags to 15.5 million bags, mainly due to lower export supply in Honduras. Nearly half of the region's exports are destined for the European Union (EU) market, followed by about a third to the US.
In the 2019-2020 crop, production in Colombia is expected to recover 400,000 bags from last year due to the drought, reaching 14.3 million bags under normal weather conditions.
The National Federation of Colombian Coffee Growers (FedECAFE) estimates that since 2012, about half of the 940,000 hectares of coffee beans have been improved, mainly against leaf rust.
According to VietnamBiz
