Pepper prices today throughout the Central Highlands and the South continued unchanged. For the whole region, pepper prices ranged from VND 36,500 / kg – VND 39,500 / kg, according to tintaynguyen.com.
| The provincial
/ district (survey area) |
Purchase price
Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 38,000 |
| GIA LAI | |
| – Chu Se | 36,500 |
| 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 |
In February, the global pepper market traded quietly. Kerala's state pepper crop in 2020 officially started in January, but the yield and quality are low due to weather.
February and March, the state of Kerala and Karmataka state of India in the main harvest, output can reach 200-300 tons / week.
Prices of black and white pepper exports tended to stabilize or decrease in some markets. Specifically, at the port of Kuching in Malaysia, prices of black and white pepper exports have been stable since mid-June 2019 to date, trading at US $ 3,685 / ton and US $ 5,275 / ton.
In Brazil, from February 4, export price of black pepper decreased by 11.1% to US $ 2,000 / ton and stabilized by the end of February. Previously, the price had maintained a stable level of US $ 2,250 / ton since from October 7, 2019.
Update coffee prices
Coffee prices today in the Central Highlands region increased by VND 200 / kg in Dak Lak and Dak Nong provinces. For the whole region, the price of coffee fluctuated in the range of 30,300 – 30,800 VND / kg. In particular, the price of coffee in Lam Dong province is the lowest and highest in Dak Lak and Dak Nong according to tintaynguyen.com.
| The provincial
/ district (survey area) |
Purchase price
VND / kg |
|---|---|
| Lam Dong | |
| – Lam Ha ROBUSTA | 30,300 |
| – Bao Loc ROBUSTA | 30,300 |
| – Di Linh ROBUSTA | 30,200 |
| DAK LAK | |
| – Residential M’gar ROBUSTA | 30,800 |
| – Ea H’leo ROBUSTA | 30,600 |
| – Buon Ho ROBUSTA | 30,600 |
| GIA LAI | |
| – Pleiku ROBUSTA | 30,600 |
| – Chu Prong ROBUSTA | 30,500 |
| – Ia Grai ROBUSTA | 30,600 |
| Dak Nong | |
| – Chiayi ROBUSTA | 30,600 |
| – Dak R’lap ROBUSTA | 30,500 |
| KON TUM | |
| – Dak Ha ROBUSTA | 30,300 |
| HO CHI MINH | |
| – R1 | 32,100 |
Coffee prices at warehouses around the port of Ho Chi Minh City moved sideways at VND 32,100 / kg.
The price of robusta coffee delivered in May 202020 decreased by 0.9% to 1,237 USD / ton. Price of arabica coffee delivered in May 5/2020 decreased by 2% to 106.6 UScent / pound.
Since mid-February, the price of arabica coffee in the commodity market has increased by 13% and coffee has become the commodity with the best price increase among commodity – main materials.
In particular, in the last 3 trading sessions last week, coffee prices have risen to a record high since mid-2016.
The recent rise in coffee prices is mainly due to prolonged heavy rains in Brazil – the largest coffee producing country in the world.
Although the usual rain during this time every year will help coffee trees grow well, but the heavy rain is adversely affecting roots, causing leaves and fruits to fall; at the same time make it easier for pests to attack coffee plants.
According to VietnamBiz
