Update pepper prices (June 13, 2020)

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According to the page tintaynguyen.com, Price of raw material purchased in the Central Highlands and the South decreased VND 1,500 / kg in Gia Lai. Specifically, the provinces of Dak Lak and Dak Nong also quote 52,500 VND / kg. Particularly in Gia Lai, VND 1,500 / kg is reduced to VND 50,500 / kg.

In Ba Ria Vung Tau, the price stood still at VND 54,000 / kg.

Pepper prices in Dong Nai increased 1,000 VND / kg to 51,000 VND / kg, Binh Phuoc also recorded a price of 53,000 VND / kg.

The average price of pepper now reaches 52,000 VND / kg.

Province / district (survey area) Purchasing price Unit: VND / kg
DAK LAK
– Ea H’leo 52,500
GIA LAI
– Chu Se 50,500
Dak Nong
– Chiayi 52,500
BA RIA VUNG TAU
– Average price 54,000
BINH PHUOC
– Average price 53,000
DONG NAI
– Average price 51,000

According to the Import-Export Department, in the first few days of June 2020, the price of pepper in the domestic market fluctuated heterogeneously, decreasing in most provinces / districts compared to the end of May 2020, but increasing in Chu district. The province of Gia Lai.

On June 10, 2020, pepper price in Chu Se district, Gia Lai province increased 1.9% compared to May 30, 2020, to VND 53,000 / kg; Pepper prices in some other provinces / districts surveyed had an average reduction of 3.6 – 3.7%, to VND 52.00 – 54,000 / kg.

In particular, black pepper exports to many markets decreased, including: China, India, United Arab Emirates, South Korea.

Domestic coffee prices

As noted from the page tintaynguyen.com The price of green coffee in the Central Highlands provinces continued to decrease at an average of 300 VND / kg, prices ranging from 30,800 – 31,600 VND / kg.

Specifically, today’s coffee prices in Bao Loc and Lam Ha decreased by VND 300 / kg to VND 30,900 / kg, Di Linh decreased by VND 300 / kg to VND 31,100 / kg.

Coffee prices in Ea H’leo and Cu M’gar (Dak Lak) decreased by VND 300 / kg to VND 31,400 and VND 31,600 / kg and Buon Ho decreased by VND 400 / kg to VND 31,300 / kg. Similarly, the price of coffee in Gia Lai (Pleiku and Ia Grai) decreased by VND 300 / kg to VND 31,300 / kg.

Coffee price in Dak Nong decreased by VND 300 / kg in Gia Nghia to VND 31,300 / kg, Kon Tum decreased to VND 31,200 / kg.

The price of coffee delivered in Ho Chi Minh City port decreased by VND 200 / kg to VND 33,000 / kg.

Province / district (survey area) Purchasing price VND / kg
Lam Dong
– Lam Ha ROBUSTA 30,900
– Bao Loc ROBUSTA 30,900
– Di Linh ROBUSTA 30,800
DAK LAK
– Residential M’gar ROBUSTA 31,600
– 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
– Chiayi ROBUSTA 31,300
– Dak R’lap ROBUSTA 31,200
KON TUM
– Dak Ha ROBUSTA 31,300
HO CHI MINH
– R1 33,000

In the world market decreased again, the price of robusta coffee in London delivered in July 2020 decreased 1.15% to 1,181 USD / ton.

While in New York, arabica coffee prices in July 2020 decreased by 0.83% to 95.2 US cents / pound.

According to calculations from the General Department of Customs, the export of arabica coffee in April 2020 reached 10.54 thousand tons, worth US $ 25.71 million, up 58.9% in volume and 91.4% in volume. Worth compared to April 2019.

Generally for the first 4 months of 2020, exports of arabica coffee reached 37.18 thousand tons, valued at US $ 87.88 million, up 34.2% in volume and 51.1% in value over the same period in 2019. In particular, arabica coffee exports to many markets increased, such as the US increased 52.5%, reaching 13.8 thousand tons; Belgium increased by 84.7%, reaching 8.53 thousand tons.

According to VietnamBiz

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