According to the page tintaynguyen.com, Prices of raw materials purchased in the Central Highlands decreased by VND 500 / kg. Specifically, the prices of Dak Lak and Dak Nong provinces decreased to VND 52,000 / kg. In Gia Lai, it is reduced by VND 500 / kg to VND 50,000 / kg.
In Ba Ria Vung Tau, the price also decreased by VND 500 / kg to VND 54,000 / kg.
Pepper prices in Dong Nai were stable at VND 51,000 / kg, Binh Phuoc also recorded a price of VND 52,500 / kg.
The average price of pepper now reaches 52,000 VND / kg.
| Province / district (survey area) | Purchasing price Unit: VND / kg |
| DAK LAK | |
| – Ea H’leo | 52,000 |
| GIA LAI | |
| – Chu Se | 50,000 |
| Dak Nong | |
| – Chiayi | 52,000 |
| BA RIA VUNG TAU | |
| – Average price | 53,500 |
| BINH PHUOC | |
| – Average price | 52,500 |
| DONG NAI | |
| – Average price | 51,000 |
According to the Import and Export Department, It is estimated that pepper export in May 2020 will reach 30 thousand tons, worth 60 million USD, down 17.1% in volume and 17.3% in value compared to April 2020, compared to May 2019. 20.9% in volume and 35.6% in value.
Generally, in the first 5 months of 2020, export of pepper reached 147 thousand tons, worth US $ 309 million, up 0.4% in volume, but down 17.9% in value over the same period in 2019.
Domestic coffee prices
As noted from the page tintaynguyen.com Prices of green coffee in the Central Highlands provinces and the South today stabilized in the first day of the week, prices ranged from 30,800 to 33,000 VND / kg.
Specifically, the prices of coffee today in Bao Loc and Lam Ha remain unchanged at the price of VND 30,900 / kg at the end of last week, while Di Linh is stable at VND 31,100 / kg.
Coffee prices in Ea H’leo, Buon Ho (Dak Lak) stood still at 31,400 VND / kg and Cu M’gar was 31,600 VND / kg. Similarly, the price of coffee in Gia Lai (Pleiku and Ia Grai) stood still at 31,300 VND / kg.
Coffee prices in Dak Nong were stable in Gia Nghia and Dak R’lap were VND 31,200 and VND 31,300 / kg respectively, while Kon Tum was priced at VND 31,200 / kg.
The price of coffee delivered in Ho Chi Minh City port remained unchanged, priced at VND 33,000 / kg.
| Province / district (survey area) | Purchasing price VND / kg |
| Lam Dong | |
| – Lam Ha ROBUSTA | 30,900 |
| – Bao Loc ROBUSTA | 30,900 |
| – Di Linh ROBUSTA | 30,800 |
| DAK LAK | |
| – Residential M’gar ROBUSTA | 31,600 |
| – Ea H’leo ROBUSTA | 31,400 |
| – Buon Ho ROBUSTA | 31,400 |
| GIA LAI | |
| – Pleiku ROBUSTA | 31,300 |
| – Chu Prong ROBUSTA | 31,200 |
| – Ia Grai ROBUSTA | 31,300 |
| Dak Nong | |
| – Chiayi ROBUSTA | 31,300 |
| – Dak R’lap ROBUSTA | 31,200 |
| KON TUM | |
| – Dak Ha ROBUSTA | 31,300 |
| HO CHI MINH | |
| – R1 | 33,000 |
In the world market decreased again, the price of robusta coffee in London delivered in July 2020 decreased 1.25% to $ 1,181 / ton.
While in New York, arabica coffee prices in July 2020 decreased by 0.83% to 95.2 US cents / pound.
According to data from the International Trade Center (ITC), Korea's coffee imports in the first four months of 2020 reached 51.72 thousand tons, worth 202.76 million USD, and a decrease of 2.8% in volume. and value compared to the same period in 2019.
Vietnam is the second largest source of coffee for Korea in the first four months of 2020, reaching 9.79 thousand tons, worth US $ 16.57 million, down 9.3% in volume and down 12.8% in value. Price compared to the same period in 2019. Vietnam's coffee market share in total Korean imports fell from 20.3% in the first 4 months of 2019, to 18.9% in the first 4 months of 2020.
According to VietnamBiz
