From the page tinkaynguyen.com, pepper prices today not recorded new adjustment compared to yesterday, maintaining the average mark of 57,000 VND / kg.
In particular, the two provinces of Gia Lai and Dong Nai together buy at the lowest price of 56,000 VND / kg, followed by Dak Lak and Dak Nong at 57,000 VND / kg.
Binh Phuoc and Ba Ria – Vung Tau were trading at VND 57,500 / kg and VND 58,500 / kg, respectively today.
|
Province / district (survey area) |
Purchase price Unit: VND / kg |
|
DAK LAK |
|
|
– Ea H’leo |
57,000 |
|
GIA LAI |
|
|
– Chu Se |
56,000 |
|
DAKNONG |
|
|
– Chiayi |
57,000 |
|
BA RIA VUNG TAU |
|
|
– Average price |
58,500 |
|
BINH PHUOC |
|
|
– Average price |
57,500 |
|
DONG NAI |
|
|
– Average price |
56,000 |
The global black pepper market is expected to see strong growth from here until 2025. This growth is mainly driven by the increasing number of mergers and acquisitions in the pepper market. global, according The Market Feed.
Besides, product innovation and consumers’ increasing trend of using black pepper also encouraged the development of this product.
According to the report, the global black pepper market is estimated to grow at a compound annual growth rate (CAGR) of 6.1% to reach $ 5,701 million by the end of 2024.
Update coffee prices
By page tinkaynguyen.com, coffee price today continued to decline in most localities.
After reducing 200 VND / kg, provinces in the Central Highlands including Lam Dong, Dak Lak, Gia Lai, Dak Nong and Kon Tum all traded down to about 32,200 – 33,000 VND / kg.
Ho Chi Minh City alone continued to decrease slightly by 100 VND / kg, recording the highest price according to the survey at 34,500 VND / kg.
Currently, coffee is purchased at around 32,700 VND / kg.
|
Province / district (survey area) |
Purchase price VND / kg |
|
LAM DONG |
|
|
– Bao Loc ROBUSTA |
32,300 |
|
– Di Linh ROBUSTA |
32,200 |
|
– Lam Ha ROBUSTA |
32,300 |
|
DAK LAK |
|
|
– Cu M’gar ROBUSTA |
33,000 |
|
– Ea H’leo ROBUSTA |
32,800 |
|
– Buon Ho ROBUSTA |
32,800 |
|
GIA LAI |
|
|
– Pleiku ROBUSTA |
32,700 |
|
– Ia Grai ROBUSTA |
32,700 |
|
– Chu Prong ROBUSTA |
32,600 |
|
DAKNONG |
|
|
– Dak R’lap ROBUSTA |
32,600 |
|
– Gia Nghia ROBUSTA |
32,700 |
|
KON TUM |
|
|
– Dak Ha ROBUSTA |
32,600 |
|
HO CHI MINH |
|
|
– R1 |
34,500 |
On the world market, coffee prices were mixed. Whereby, online coffee prices Robusta in London delivered in January 2021 reached 1,404 USD / ton after increasing 0.21% (equivalent to 3 USD).
In New York, the price of arabica coffee in December 2020 traded down to 120 US cent / pound, down 0.58% (equivalent to 0.70 US cent) compared to the previous session.
Coffee traders are only just beginning to grasp the severity of the weather in Brazil. The outlook for coffee harvest next year is forecast to shrink significantly due to prolonged dry and hot conditions, Gulf News news.
According to Cooxupe, Brazil’s leading farming cooperative, the output of delicious arabica coffee that Brazil delivers to buyers, including Starbucks Group, was at a low in November. Meanwhile, coffee prices are currently reaching record highs due to a shortage of supply.
Mr. Lucio Dias, Commercial Director of Cooxupe, said: “The situation is very worrying as coffee prices can continue to rise to the 2022 crop while the weather is too extreme.
According to VietnamBiz
