Average price of pepper is VND 49,000 / kg (07/07/2020)

Average price of pepper is VND 49,000 / kg (07/07/2020)
Average price of pepper is VND 49,000 / kg (07/07/2020)
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Record from page tintaynguyen.comThe price of raw material purchased in the Central Highlands and the South continued to be stable compared to the previous session.

In particular, the provinces of Dak Lak and Dak Nong at 49,500 VND / kg. In Gia Lai, similar price is 48,500 VND / kg.

In Ba Ria – Vung Tau province, pepper price today was 51,000 VND / kg, the highest price in the whole region.

In Dong Nai province, pepper price is 48,000 VND / kg today, this is the lowest price in the whole region, Binh Phuoc unchanged compared to yesterday with 49,500 VND / kg.

Today’s average price is now up to 49,000 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 48,000

Pepper prices in June 2020 dropped again after reaching a peak of VND 60,000 / kg on May 29, 2020. People have restricted selling to wait for prices to rise, so importers have shifted to the Brazilian market with lower asking prices.

On June 30, 2020, domestic prices of black pepper decreased compared to May 30, 2020. The lowest reduction was 9.6% in Chu Se district, Gia Lai province; the highest reduction was 13% in Dong Nai province, to 47,000 VND / kg. White pepper prices decreased by 2.9% compared to the end of May 2020, to VND 66,000 / kg and lower than VND 72,000 / kg in the same period of 2019, data from the Import-Export Department.

Domestic coffee prices

According to the page tintaynguyen.com the price of green coffee in the Central Highlands provinces and the south turned down 400 VND / kg, the price ranges from 30,500 – 32,900 VND / kg.

In particular, the price of coffee today Bao Loc, Lam Ha (Lam Dong) decreased by VND 400 / kg to VND 30,600 / kg, similar to Di Linh’s coffee price to VND 30,500 / kg.

The price of coffee in Ea H’leo, Buon Ho (Dak Lak) decreased by VND 400 / kg to VND 31,300 / kg, while in Cu M’gar the price of VND 500 / kg decreased to VND 31,400 / kg. Gia Lai (Pleiku and Ia Grai) is down 31,000 VND / kg.

Coffee prices in Dak Nong include Dak R’lap and Gia Nghia selling around VND 30,900 – 31,000 / kg. Coffee price in Kon Tum (Dak Ha) decreased by VND 400 / kg to VND 31,000 / kg.

The price of R1 coffee delivered at Ho Chi Minh City port decreased by VND 300 / kg at VND 32,900 / 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 31,300
– 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 31,000
HO CHI MINH
– R1 32,900

In the reduced world market, the price of robusta coffee in London delivered in September 2020 decreased by 2% to 1,175 USD / ton.

While in New York, arabica coffee prices in September 2020 decreased 4.49% to 98.15 US cents / pound.

At the port area of ​​Ho Chi Minh City, Robusta coffee exports type 2, the breakage rate of 5% is traded at US $ 1,258 / ton, up 0.7% compared to May 30, 2020.

Forecasting pressure on global coffee prices will continue until Brazil enters the final stage of this year’s harvest.

In June 2020, the domestic coffee price continued to decrease according to the world market, but the rate of decline has slowed down. On June 30, 2020, the price of coffee in the domestic market fell as low as 0.3% in Eo H’leo and Buon Ho districts of Dak Lak province, to 31,000 VND / kg – the highest reduction was 1, 6% in Dak Ha district, Kon Tum province, down to 30,700 VND / kg, data from the Import-Export Department.

According to VietnamBiz

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