According to the page tintaynguyen.com, price of raw material purchased in the Central Highlands and the South increased again to VND 500 / kg compared to the previous day.
Specifically, Dak Lak and Dak Nong provinces increased to VND 500 / kg at VND 49,000 / kg. In Gia Lai, it was VND 47,500 / kg.
In Ba Ria – Vung Tau province, pepper prices today were up to VND 50,500 / kg, with the highest local price across the region.
In Dong Nai province, pepper price increased by VND 1,000 / kg today at VND 8 / kg, Binh Phuc to VND 500 / kg with VND 49,000 / kg.
The average price of pepper is now up to 48,000 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 | 49,000 |
| DONG NAI | |
| – Average price | 48,000 |
In Indian market, Kishor Shamji of Kishore Spices said that pepper farmers in the southern states continued to ask the Indian Spices Board to find ways to restrict illegal import of pepper from Sri Lanka. They claim that importers have misrepresented the quantities with many different sets of documents to earn illicit profits.
Last week, the volume of processed black pepper delivered to the Kochi futures market increased by 33 tons, with a stable price of Rs 315 / kg (equivalent to USD 4,1725 / kg).
Domestic coffee prices
This morning from the page tintaynguyen.com The price of green coffee in the Central Highlands provinces continued to increase to VND 200 / kg, with prices ranging from VND 30,500 – VND 31,400 / kg.
Specifically, today’s coffee prices in Bao Loc, Lam Ha (Lam Dong) increased by VND 200 / kg to VND 30,600 / kg, similar to the price of coffee in Di Linh to VND 30,500 / kg.
Price of coffee in Cu M’gar, Ea H’leo, Buon Ho (Dak Lak) increased to VND 31,200 – 31,400 / kg.
Similarly, the price of coffee in Gia Lai (Chu Prong, Pleiku and Ia Grai) increased by VND 200 / kg, with prices ranging from VND 31,000 to VND 30,900 / kg.
Coffee price in Dak Nong increased by VND 200 / kg, including Dak R’lap and Gia Nghia, selling around VND 30,900 – 31,000 / kg. The price of coffee in Kon Tum (Dak Ha) is VND 30,900 / kg.
The price of R1 coffee delivered at Ho Chi Minh City port increased by VND 300 / kg at VND 32,800 / kg.
| Province / district (survey area) | Purchasing price VND / kg |
| Lam Dong | |
| – Lam Ha ROBUSTA | 30,600 |
| – Bao Loc ROBUSTA | 30,600 |
| – Di Linh ROBUSTA | 30,500 |
| DAK LAK | |
| – Residential M’gar ROBUSTA | 31,400 |
| – Ea H’leo ROBUSTA | 31,200 |
| – Buon Ho ROBUSTA | 31,300 |
| GIA LAI | |
| – Pleiku ROBUSTA | 31,000 |
| – Chu Prong ROBUSTA | 30,900 |
| – Ia Grai ROBUSTA | 31,000 |
| Dak Nong | |
| – Chiayi ROBUSTA | 31,000 |
| – Dak R’lap ROBUSTA | 30,900 |
| KON TUM | |
| – Dak Ha ROBUSTA | 30,900 |
| HO CHI MINH | |
| – R1 | 32,800 |
In the world market continues to increase, robusta coffee prices in London delivered in September 20/20 increased 0.76% to 1,187 USD / ton.
While in New York, arabica coffee prices in September 2020 increased 0.90% to 101 US cents / pound.
The Commitment to Traders (CFTC) report said that the Robusta coffee market in London showed that, up to the same period of the report, short-term speculation of money management funds increased their net selling position by 12.4%. Compared to the previous trading week, up short-term net registration at 34,752 lots, equivalent to 5,792,000 bags.
According to coffee traders in Southeast Asia, although the amount of goods delivered to the ship is still stable, the price resistance situation in the local markets is quite strong. Traders must offer a price difference of up to 150 – 160 USD / ton compared with the futures price in London to get the goods.
According to VietnamBiz
