According to the page tintaynguyen.com, prices of raw materials purchased in the Central Highlands and the South dropped to VND 1,000 / kg.
Specifically, the provinces of Dak Lak and Dak Nong reduced to VND 1,000 / kg for VND 49,000 / kg. In Gia Lai, the price is reduced by 1,000 VND / kg to 47,500 VND / kg.
In Ba Ria Vung Tau is quote 50,500 VND / kg.
Pepper price in Dong Nai is 47,000 VND / kg, currently 49,500 VND / kg is the price of pepper in Binh Phuoc decreased 1,000 VND / kg compared to yesterday.
The average price of pepper now reaches 49,500 VND / kg.
| Province / district (survey area) | Purchasing price Unit: VND / kg |
| DAK LAK | |
| – Ea H’leo | 49,000 |
| GIA LAI | |
| – Chu Se | 47,500 |
| Dak Nong | |
| – Chiayi | 49,000 |
| BA RIA VUNG TAU | |
| – Average price | 50,500 |
| BINH PHUOC | |
| – Average price | 49,500 |
| DONG NAI | |
| – Average price | 47,000 |
According to the Import and Export Bureau of Russian Customs, the country’s pepper imports in the first quarter of 2020 reached 2,220 tons, worth US $ 5.18 million, up 49.1% in volume and up 18 , 8% in value compared to the same period in 2019 ..
In particular, the average import price of Russian pepper from Vietnam decreased by 18.7%, to US $ 2,484 / ton; India decreased by 35.4%, to USD 1,128 / ton; Indonesia decreased by 59.8%, to USD 2,302 / ton compared to the same period in 2019.
Domestic coffee prices
As noted this morning from the page tintaynguyen.com The price of green coffee in the Central Highlands provinces is decreasing slightly to 100 VND / kg in Dak Nong and Kon Tum, the price ranges from 30,300 – 31,100 VND / kg.
In particular, the price of coffee today in Bao Loc, Lam Ha (Lam Dong) has not changed compared to yesterday priced at 30,400 VND / kg, Di Linh at 30,300 VND / kg.
Coffee prices in Ea H’leo, Buon Ho (Dak Lak) continued to stabilize at 30,900 VND / kg and Cu M’gar was 31,100 VND / kg. Similarly, the price of coffee in Gia Lai (Pleiku and Ia Grai) stood still at VND 30,800 / kg.
Coffee price in Dak Nong also dropped by VND 100 / kg in Gia Nghia to VND 30,700 / kg and Dak R’lap was VND 30,800 / kg, Kon Tum to VND 30,700 / kg.
Coffee price at HCMC port is selling at VND 32,300 / kg
| Province / district (survey area) | Purchasing price VND / kg |
| Lam Dong | |
| – Lam Ha ROBUSTA | 30,400 |
| – Bao Loc ROBUSTA | 30,400 |
| – Di Linh ROBUSTA | 30,300 |
| DAK LAK | |
| – Residential M’gar ROBUSTA | 31,100 |
| – Ea H’leo ROBUSTA | 30,900 |
| – Buon Ho ROBUSTA | 30,900 |
| GIA LAI | |
| – Pleiku ROBUSTA | 30,800 |
| – Chu Prong ROBUSTA | 30,700 |
| – Ia Grai ROBUSTA | 30,800 |
| Dak Nong | |
| – Dak R’lap ROBUSTA | 30,700 |
| – Chiayi ROBUSTA | 30,800 |
| KON TUM | |
| – Dak Ha ROBUSTA | 30,700 |
| HO CHI MINH | |
| – R1 | 32,300 |
In the world market decreased again, the price of robusta coffee in London delivered in July 2020 decreased by 0.09% to 1,158 USD / ton.
While in New York, arabica coffee prices in July 2020 decreased 0.31% to 96.25 US cents / pound.
Global coffee market in the near future is still under pressure to reduce prices due to oversupply, low demand, rising inventories. The harvest of coffee in Vietnam, Indonesia and Brazil is favorable thanks to the good weather.
Brazil’s coffee output is expected to be at a record level, including 48.6 million bags of arabica coffee and 20.1 million bags of robusta coffee. World coffee inventories rose to a 6-year high, reaching 42 million bags (60 kg bags), according to data from the Import and Export Department.
According to VietnamBiz
