Pepper price increased by VND 1,000 / kg in some southern provinces (February 24, 2020).

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Today, pepper prices in the whole Central Highlands and the South increased by VND 500 – 1,000 / kg, of which, Gia Lai and Ba Ria Vung Tau increased the most with an increase of VND 1,000 / kg.

The provincial

/ district (survey area)

Purchase price

Unit: VND / kg

DAK LAK
– Ea H’leo 38,000
GIA LAI
– Chu Se 37,000
Dak Nong
– Chiayi 38,000
BA RIA VUNG TAU
– Average price 39,500
BINH PHUOC
– Average price 38,500
DONG NAI
– Average price 37,000

According to the Department of Agricultural Product Processing and Market Development, in 2019, the average export price of pepper was estimated at 2,516 USD / ton, down 23.6% compared to 2018.

According to the Ministry of Agriculture, Forestry and Fisheries, the country's pepper exports in 2019 doubled compared to 2018, reaching 3,793.25 tons, up 53.2%.

Cambodia's export markets for pepper include Vietnam, Thailand, Japan, Singapore, Korea, France, Germany, Czech Republic, England, Saudi Arabia, India, Taiwan, Belgium, Canada, Switzerland, Russia, Australia …

In 2019, the pepper output of Kampot, Cambodia reached 125 tons, but exports were low, reaching only 50 tons, lower than 69 tons in 2018, due to the fact that the export market has not been expanded.

Kampot's export markets for pepper are Europe, USA, Japan, Korea, Hong Kong and Taiwan. Recently, the Kampot Pepper Association (KPPA) has found a partner to export to Russia, which is expected to be a new market with Kampot pepper with geographical indications.

Update coffee prices

Coffee prices today in the Central Highlands region decreased by 100 VND / kg in two provinces of Dak Nong and Kon Tum. For the whole region, coffee prices fluctuated between 31,200 and 31,600 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 moved sideways at VND 33,000 / kg.

The provincial

/ district (survey area)

Purchase price

VND / kg

Lam Dong
– Lam Ha ROBUSTA 31,200
– Bao Loc ROBUSTA 31,200
– Di Linh ROBUSTA 31,100
DAK LAK
– Ea H’leo ROBUSTA 31,500
– Residential M’gar ROBUSTA 31,700
– Buon Ho ROBUSTA 31,400
GIA LAI
– Pleiku ROBUSTA 31,400
– Chu Prong ROBUSTA 31,300
– Ia Grai ROBUSTA 31,400
Dak Nong
– Chiayi ROBUSTA 31,400
– Dak R’lap ROBUSTA 31,300
KON TUM
– Dak Ha ROBUSTA 31,300
HO CHI MINH
– R1 33,000

Price of robusta coffee delivered in March 2020 increased by 1.3% to 1,268 USD / ton. The price of arabica coffee delivered in March 2020 decreased 5.5% to 109 UScent / pound.

According to the Federation of Colombian Coffee Growers, the country's coffee production in January 2020 reached 1,050 thousand bags, 246 thousand lower than January 2019.

Generally for the first 4 months of the crop year 2019/20, Colombia's coffee production reached 5,605 thousand bags, 640 thousand higher than the first 4 months of the crop year 2018/19.

Meanwhile, Colombia's coffee exports in January 2020 reached 1,101 thousand bags, 65 thousand lower than in January 2019.

Generally for the first 4 months of the crop year 2019/20, Colombia's coffee exports reached 4,884 thousand bags, 17 thousand higher than the first 4 months of the 2018/19 crop.

According to the Indonesian Government, robusta coffee exports in January 2020 of Sumatra island – the country's largest coffee-growing island reached 164,143 bags, an increase of 61,900 bags (equivalent to an increase of 60.54%) over the month. 1/2019.

Generally for the first 4 months of the crop year 2019/20, the export of robusta coffee of Sumatra island reached 1,098,268 bags, an increase of 342,955 bags (equivalent to an increase of 45.4%) compared to the first 4 months of the crop year 2018/19.

Global coffee supply will be added when robusta coffee harvest in the southern part of Sumatra island will start in March 2020.

According to VietnamBiz

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