Pepper price decreased to VND 1,000 / kg (June 18, 2020).

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According to the page tintaynguyen.com, Prices of raw materials purchased in the Central Highlands and the South decreased to VND 1,000 / kg. Specifically, the provinces of Dak Lak and Dak Nong are reducing VND 1,000 / kg by VND 51,000 / kg. In Gia Lai, it was reduced to VND 49,000 / kg.

In Ba Ria Vung Tau, a decrease of 1,000 VND / kg is priced at 52,500 VND / kg.

Pepper prices in Dong Nai and Binh Phuoc have dropped to VND 1,000 / kg, currently priced at VND 50,000 / kg and VND 51,500 / kg respectively.

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 51,000
GIA LAI
– Chu Se 49,000
Dak Nong
– Chiayi 51,000
BA RIA VUNG TAU
– Average price 52,500
BINH PHUOC
– Average price 51,500
DONG NAI
– Average price 50,000

It is estimated that pepper export in May 2020 reached 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 decreased by 20.9% in volume and by 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.

Vietnam’s pepper market share in total Russian imports accounted for 58.9% in the first quarter of 2020, up sharply from 49.4% in the first quarter of 2019, according to Import and Export Bureau data.

Domestic coffee prices

As noted from the page tintaynguyen.com price of green coffee in the Central Highlands provinces increased slightly by VND 100 / kg, prices ranged from VND 30,300 – VND 31,100 / kg.

Specifically, today’s coffee prices in Bao Loc, Lam Ha increased by VND 100 / kg to VND 30,400 / kg, Di Linh to VND 30,300 / kg.

The price of coffee in Ea H’leo, Buon Ho (Dak Lak) also increased to VND 100 / kg to VND 30,900 / kg and Cu M’gar was VND 31,100 / kg. Similarly, the price of coffee in Gia Lai (Pleiku and Ia Grai) increased by VND 100 / kg to VND 30,800 / kg.

Coffee price in Dak Nong also increased by VND 200 / kg in Gia Nghia at VND 30,800 / kg, Kon Tum with VND 30,900 / kg.

The price of coffee delivered in Ho Chi Minh City port has not changed compared to yesterday, priced at 32,300 VND / kg.

Province / district (survey area) Purchasing price VND / kg
Lam Dong
– Lam Ha ROBUSTA 30,400
– Bao Loc ROBUSTA 30,400
– Di Linh ROBUSTA 30,300
DAK LAK
– Residential M’gar ROBUSTA 31,100
– Ea H’leo ROBUSTA 30,900
– Buon Ho ROBUSTA 30,900
GIA LAI
– Pleiku ROBUSTA 30,800
– Chu Prong ROBUSTA 30,700
– Ia Grai ROBUSTA 30,800
Dak Nong
– Chiayi ROBUSTA 30,800
– Dak R’lap ROBUSTA 30,700
KON TUM
– Dak Ha ROBUSTA 30,900
HO CHI MINH
– R1 32,300

In the world market bounced back, the price of robusta coffee in London delivered in July 2020 increased 0.17% to 1,150 USD / ton.

While in New York, arabica coffee prices in July 2020 increased by 2.78% to 96.25 US cents / pound.

According to calculations from the International Trade Center (ITC), the average import price of Korean coffee in the first 4 months of 2020 reached US $ 3,920 / ton, stable compared to the same period in 2019.

In particular, the import price of Korean coffee from some markets reached a high level including: the US reached 10,685 USD / ton; Kenia reached 4,133 USD / ton; Goatemala reached 3,675 USD / ton

The Covid-19 epidemic affected the production activities of many Korean coffee processing factories, so this market tended to shift the structure of importing coffee categories, this market tended to shift the Structure of import of coffee category.

According to VietnamBiz

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