Pepper prices today in the Central Highlands and the South remained unchanged, ranging between VND 36,000 and VND 38,500 / kg. In particular, the highest pepper price recorded in Ba Ria – Vung Tau and the lowest in Gia Lai.
| The provincial
/ district (survey area) |
Purchase price
Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 37,500 |
| GIA LAI | |
| – Chu Se | 36,000 |
| Dak Nong | |
| – Chiayi | 37,500 |
| BA RIA VUNG TAU | |
| – Average price | 38,500 |
| BINH PHUOC | |
| – Average price | 38,000 |
| DONG NAI | |
| – Average price | 36,000 |
According to calculations from the International Trade Commission (ITC) statistics, China's pepper imports in the first 11 months of 2019 reached 10.7 thousand tons, worth US $ 36.42 million, up 97.6 % in volume and up 41.8% in value compared to the first 11 months of 2018.
The average import price of Chinese pepper in the first 11 months of 2019 reached US $ 3,403 per ton, down 28.2% compared to the first 11 months of 2018.
In particular, the average import price of Chinese pepper from Indonesia reached 3,473 USD / ton; Vietnam reached 2,573 USD / ton; Malaysia reached 3,530 USD / ton; Brazil reached 2,374 USD / ton; India reached 4,850 USD / ton.
In the first 11 months of 2019, China increased import of pepper from Indonesia, Vietnam, Brazil, India, Italy and Austria, but reduced imports from Malaysia, Sri Lanka, and Hong Kong.
Specifically, Indonesia is the largest source of pepper for China, reaching 4.2 thousand tons, valued at US $ 14.74 million in the first 11 months of 2019, up 361% in volume and 286.1% in value compared to with 11 months of 2018.
Indonesia's market share of total pepper in China increased from 12% in the first 11 months of 2018, to 40% in the first 11 months of 2019.
Indonesia's pepper processing industry is now very developed with high quality pepper products, bringing high economic efficiency. The share of white pepper exports accounts for 80% of total Indonesian pepper exports.
Update coffee prices
Today's coffee price in the Central Highlands has dropped by VND 200 / kg. For the whole region, the price of coffee fluctuated in the range of 30,400 – 30,800 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 prices at warehouses around the port of Ho Chi Minh City decreased 13 USD / ton to 1,367 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,367 | Subtract: +80 | |||
| Dak Lak | 30,800 | -200 | |||
| Lam Dong | 30,400 | -200 | |||
| Gia Lai | 30,600 | -200 | |||
| Dak Nong | 30,600 | -200 | |||
| pepper | 37,000 | 0 | |||
| USD / VND exchange rate | 23.170 | -ten | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
The price of robusta coffee delivered in March 2020 decreased by 1.3% to 1,260 USD / ton. Arabica coffee prices fell 0.2% to 100.6 USCent / pound.
According to the January 2020 Coffee Market Report of the International Coffee Organization (ICO), the total output of South American coffee in the 2019-2020 crop is estimated at 168.71 million bags, down 0.9%. .
Expected lower yields in Africa and South America, respectively reducing 2.3% to 18.19 million bags and 4.7% to 78.33 million bags.
However, in Asia and Oceania, production is estimated at 50.65 million bags, up 5.4% while production from Mexico & Central America is estimated to increase 0.9% to 21.54 million bags.
Vietnam Export Import Department (Ministry of Industry and Trade) said that according to the 4th survey of Brazilian National Supply Company (Conab), the output of coffee crop in 2019-2020 is estimated at 49.31 million. bags, down 20% from a record high of Brazil 61.66 million bags for the 2018-2019 season.
However, the results of this survey show that the 2019-2020 coffee production has increased by 320,000 bags (up 0.6%) compared to the third survey published in September 2019, at 48.99 million bags.
In particular, Arabica coffee production decreased, the average yield reached 27.2 bags / ha, 17.8% lower than in the crop year 2018-2019.
According to VietnamBiz
