Pepper prices today throughout the Central Highlands and the South unchanged, ranging between 37,000 – 39,500 VND / kg.
| The provincial
/ district (survey area) |
Purchase price
Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 38,000 |
| GIA LAI | |
| – Chu Se | 37,500 |
| Dak Nong | |
| – Chiayi | 38,000 |
| BA RIA VUNG TAU | |
| – Average price | 39,500 |
| BINH PHUOC | |
| – Average price | 38,500 |
| DONG NAI | |
| – Average price | 37,500 |
The Cambodian Ministry of Trade has urged farmers to improve the quality of pepper products to ensure the reputation of this item in both domestic and foreign markets, according to the Khmer Times.
During a recent field trip to a pepper farm in Kampot province, Pan Sorasak, Minister of Trade of Cambodia, explained that improving the quality of pepper will help promote the brand of Kampot pepper (which has been geographical indications) in the European Union (EU) market.
The Minister also advised pepper farmers, producers, cooperatives and associations to pay attention to cleaning, packaging, preserving and using organic fertilizer, etc. to make Kampot pepper become more famous. in both domestic and foreign markets.
Cambodian pepper has been granted a Geographical Indications (GI) certificate from the EU in 2016. Geographical indications are signs used to indicate products originating from specific regions, localities, territories or countries. be.
Update coffee prices
Today's coffee price in the Central Highlands region continues to increase by VND 200 / kg to VND 30,200 – VND 30,500 / kg. In particular, the price of coffee in Lam Dong province is the lowest and highest in Dak Lak, Gia Lai and Dak Nong.
Coffee prices at warehouses around the port of Ho Chi Minh City increased 8 USD / ton to 1,274 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,274 | Subtract: +80 | |||
| Dak Lak | 30,500 | +200 | |||
| Lam Dong | 30,200 | +200 | |||
| Gia Lai | 30,500 | +200 | |||
| Dak Nong | 30,500 | +200 | |||
| pepper | 38,000 | 0 | |||
| USD / VND exchange rate | 23,330 | 0 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
The price of robusta coffee delivered in July increased by 0.08% to 1,187 USD / ton. Arabica coffee prices fell 1% to 106.3 UScent / pound.
In its March report, ICO said that the price of synthetic coffee has increased after 2 consecutive months of decline, an average of 109.05 US cents / pound, up 6.9% compared to February. This is the average price. second highest in coffee year 2019 – 2020.
World coffee exports in February increased slightly over the same period last year to 11.11 million bags. However, in the first 5 months of coffee year 2019 – 2020, exports have decreased by 3.4% compared to the same period in 2018-2019 to 50.97 million bags.
In particular, arabica coffee exports decreased by 7.8% to 31.89 million bags in the month from October 2019 to February 2020. Robusta exports, by contrast, increased by 4.8% to 19.1 million bags.
According to ICO, in 2019-2020, global coffee consumption is estimated at 169.34 million bags, an increase of 0.7% compared to the same period in 2018-2019 because the COVID-19 epidemic brings down consumption risks. Currently, demand is estimated to exceed 0.47 million bags this year. The expected output is 168.86 million bags.
According to VietnamBiz
