According to tintaynguyen.com, prices of raw materials purchased in the South and the Central Highlands today remain the same as last week’s price at VND 49,500 – 51,000 / kg.
Currently, the price of pepper in Vung Tau stands at 51,000 VND / kg, the highest in the country, Binh Phuoc also quotes 49,500 VND / kg.
In Dak Lak, Dak Nong and Gia Lai, the price of pepper increased to VND 48,500 – VND 49,500 / kg. Dong Nai is the province with the lowest price of VND 48,500 / kg.
Average price of pepper today reaches 48,000 VND / kg.
| Province / district (survey area) | Purchasing price Unit: VND / kg |
| DAK LAK | |
| – Ea H’leo | 49,500 |
| GIA LAI | |
| – Chu Se | 48,500 |
| Dak Nong | |
| – Chiayi | 49,500 |
| BA RIA VUNG TAU | |
| – Average price | 51,000 |
| BINH PHUOC | |
| – Average price | 49,500 |
| DONG NAI | |
| – Average price | 48,500 |
According to the Vietnam Pepper Association, Vietnam’s pepper production in 2020 will decrease by about 15% compared to 2019, to 240,000 tons. It is forecasted that in the year 2021, the pepper output will continue to decrease due to people not investing in care, affecting productivity.
The second Covid-19 epidemic affected the import needs of some major export markets. In addition, China’s push to sell more pepper also affects Vietnam’s pepper prices. However, the downward trend is only temporary because Chinese pepper sales are negligible.
Domestic coffee prices
According to information from the website tintaynguyen.com, the price of green coffee in the Central Highlands provinces and the South calmly at the beginning of the week, the price ranges from 30,900 – 33,200 VND / kg.
Specifically, today’s coffee prices in Bao Loc, Lam Ha (Lam Dong) have dropped to VND 31,000 / kg, Di Linh at VND 30,900 / kg.
Coffee prices in Ea H’leo, Buon Ho (Dak Lak) did not change compared to the previous week, fluctuating at VND 31,700 / kg and Cu M’gar increasing at VND 31,900 / kg. Gia Lai (Pleiku and Ia Grai) remained the same at 31,400 VND / kg.
Coffee prices in Dak Nong including Dak R’lap and Gia Nghia were traded at VND 31,300 and VND 31,400 / kg, unchanged at the end of last week. Coffee price in Kon Tum (Dak Ha) is around VND 31,400 / kg.
Coffee price delivered at Ho Chi Minh City port reached VND 33,200 / kg.
| Province / district (survey area) | Purchasing price VND / kg |
| Lam Dong | |
| – Lam Ha ROBUSTA | 31,000 |
| – Bao Loc ROBUSTA | 31,000 |
| – Di Linh ROBUSTA | 30,900 |
| DAK LAK | |
| – Residential M’gar ROBUSTA | 31,900 |
| – Ea H’leo ROBUSTA | 31,700 |
| – Buon Ho ROBUSTA | 31,700 |
| GIA LAI | |
| – Pleiku ROBUSTA | 31,400 |
| – Chu Prong ROBUSTA | 31,300 |
| – Ia Grai ROBUSTA | 31,400 |
| Dak Nong | |
| – Chiayi ROBUSTA | 31,400 |
| – Dak R’lap ROBUSTA | 31,300 |
| KON TUM | |
| – Dak Ha ROBUSTA | 31,400 |
| HO CHI MINH | |
| – R1 | 33,200 |
In the world market decreased again, the price of robusta coffee in London delivered in September 2020 decreased 0.25% to 1,199 USD / ton.
While in New York, arabica coffee prices in September 2020 decreased 0.87% to 103.2 US cents / pound.
According to the Uganda Coffee Development Authority (UCDA), the country’s coffee exports in May 2020 reached 437,597 bags, an increase of 26.6% compared to May 2019. In particular, robusta coffee exports increased by 35.8%, reaching 340,830 bags; Arabica coffee increased by 2%, reaching 96,767 bags.
The growing concern of the 2nd wave of covid-19 epidemic has had a negative impact on the coffee market.
The plummeting Brazilian Real is good for Brazilian coffee growers. Meanwhile, Brazil is in the harvest of Robusta coffee with a forecast of the season and Indonesia begins to enter the market.
According to VietnamBiz
