Update price of pepper (June 27, 2020)

Update price of pepper (June 27, 2020)
Update price of pepper (June 27, 2020)
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According to the page tintaynguyen.com, prices of raw materials purchased in the Central Highlands and the South decreased slightly in some places. Specifically, Dak Lak and Dak Nong provinces were unchanged from the previous day to quote VND 47,500 / kg. In Gia Lai, the reduction of VND 500 / kg is VND 46,000 / kg.

In Ba Ria Vung Tau, the price is VND 49,000 / kg.

Pepper prices in Dong Nai were calm, priced at VND 46,000 / kg, Binh Phuoc dropped to VND 500 / kg, currently priced at VND 47,500 / kg respectively.

The average price of pepper currently up to 47,000 VND / kg.

Province / district (survey area) Purchasing price Unit: VND / kg
DAK LAK
– Ea H’leo 47,500
GIA LAI
– Chu Se 46,000
Dak Nong
– Chiayi 47,500
BA RIA VUNG TAU
– Average price 49,000
BINH PHUOC
– Average price 47,500
DONG NAI
– Average price 46,000

According to the Import and 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.

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

Export prices of all kinds of pepper in May showed mixed fluctuations, increasing in Vietnam and Indonesia but decreasing in India and China. Particularly Brazil closed almost no transactions due to Covid-19.

Domestic coffee prices

According to the page tintaynguyen.com the price of green coffee in the Central Highlands provinces was calm during the weekend, ranging from 30,000 to 31,700 VND / kg.

Specifically, today’s coffee prices in Bao Loc, Lam Ha (Lam Dong) stand still at VND 30,000 / kg, Di Linh to VND 29,900 / kg.

Coffee prices in Ea H’leo, Buon Ho (Dak Lak) have no change compared to the previous day at 30,600 VND / kg and Cu M’gar priced at 31,700 VND / kg. Similarly, the price of coffee in Gia Lai (Pleiku and Ia Grai) is VND 30,400 / kg.

Coffee price in Dak Nong stood still at Gia Nghia 30,400 VND / kg, Kon Tum increased slightly by 100 VND / kg for 30,400 VND / kg.

The price of coffee delivered in Ho Chi Minh City port has not changed compared to the previous day, priced at 32,000 VND / kg.

Province / district (survey area) Purchasing price VND / kg
Lam Dong
– Bao Loc ROBUSTA 30,000
– Di Linh ROBUSTA 29,900
– Lam Ha ROBUSTA 30,000
DAK LAK
– Residential M’gar ROBUSTA 30,700
– Ea H’leo ROBUSTA 30,600
– Buon Ho ROBUSTA 30,600
GIA LAI
– Pleiku ROBUSTA 30,400
– Ia Grai ROBUSTA 30,400
– Chu Prong ROBUSTA 30,300
Dak Nong
– Dak R’lap ROBUSTA 30,300
– Chiayi ROBUSTA 30,400
KON TUM
– Dak Ha ROBUSTA 30,400
HO CHI MINH
– R1 32,000

In the world market continuously, the price of robusta coffee in London delivered in July 2020 decreased by 0.09% to USD 1,153 / ton.

While in New York, arabica coffee prices in July 2020 increased by 0.89% to 96.65 US cents / pound.

Coffee inventories in the US in May 2020 increased for the second month in a row because most of the country’s coffee shops are operating in a limited situation or are still completely closed due to blockades.

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 the US Department of Agriculture.

According to VietnamBiz

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