Pepper prices Today, the whole Central Highlands region has gained VND 500 / kg in Gia Lai and Ba Ria-Vung Tau provinces to VND 40,000 and VND 42,000 / kg, respectively.
For the whole region, pepper prices ranged from 40,000 to 42,000 VND / kg, of which the highest was in Ba Ria – Vung Tau and lowest in Gia Lai and Dong Nai provinces.
| Province / district (survey area) | Purchasing price Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 40,500 |
| GIA LAI | |
| – Chu Se | 40,000 |
| Dak Nong | |
| – Chiayi | 40,500 |
| BA RIA VUNG TAU | |
| – Text | 42,000 |
| BINH PHUOC | |
| – Text | 41,000 |
| DONG NAI | |
| – Text | 40,000 |
According to statistics from the General Department of Customs, in September 2019, the export of pepper reached 15 thousand tons, worth US $ 37.08 million, down 20.3% in volume and 20.1% in value compared to the In August 2019, compared to September 2018, it decreased by 13.9% in volume and by 26.8% in value.
In the first 9 months of 2019, export of pepper reached 233.4 thousand tons, worth US $ 593.41 million, up 21.1% in volume, but down 6.4% in value compared to the first 9 months. 2018.
In September 2019, the average export price of pepper reached $ 2,464 / ton, up 0.2% compared to August 2019, but down 15% compared to September 2018.
In the first 9 months of 2019, the average export price of pepper reached 2,542.4 USD / ton, down 22.7% compared to the first 9 months of 2018.
Update coffee prices
Coffee price Today, in the Central Highlands region, the price decreased by VND 100 – 200 / kg, ranging from VND 30,800 to VND 31,700 / kg. In particular, the highest coffee price recorded in Kon Tum, the lowest in Lam Dong, according to tintaynguyen.com.
Coffee price around HCMC port decreased by VND 100 / kg to US $ 32,900 / ton.
| Province / district (survey area) | Purchasing price Unit: VND / kg |
|---|---|
| Lam Dong | |
| – Bao Loc (Robusta) | 30,900 |
| – Di Linh (Robusta) | 30,800 |
| – Lam Ha (Robusta) | 30,800 |
| DAK LAK | |
| – Residential M’gar (Robusta) | 31,600 |
| – Ea H’leo (Robusta) | 31,400 |
| – Buon Ho (Robusta) | 31,400 |
| GIA LAI | |
| – Ia Grai (Robusta) | 31,100 |
| Dak Nong | |
| – Chiayi (Robusta) | 31,300 |
| KON TUM | |
| – Dak Ha (Robusta) | 31,700 |
| HO CHI MINH | |
| – R1 | 32,900 |
Robusta coffee delivered in November increased by 2.4% to 1,224 USD / ton. The price of arabica coffee delivered in December increased 3% to 95.7 UScent / pound.
In the first 11 days of October, domestic Robusta prices fell. On October 11, the price of Robusta coffee decreased by 3 – 3.9% compared to September 30, according to the Import and Export Department.
In warehouses around Ho Chi Minh City, the price of R1 Robusta coffee is at 33,800 VND / kg, down 3.2% compared to September 30, 2019 and down 3.7% compared to September 11. .
Vietnamese coffee growers entered the new coffee year 2019/20 with an optimistic sentiment due to continuous low coffee prices, many places delayed the replanting of old trees.
In the context of low coffee prices, Vietnam's coffee industry is gradually shifting to processing coffee, increasing the value of its products.
According to the ICO data, Vietnam's export of roasted ground coffee in the first 10 months of the 2018/19 crop decreased by nearly 20% to 116,407 bags. However, the volume of instant coffee exports increased sharply by 48% to more than 1 million bags.
According to the US Department of Agriculture, Vietnam's Robusta output is forecast to increase by 0.3% to 29.1 million bags (60 kg) in the crop year 2019/20, an increase of 10% compared to 5 years ago. Brazil's coffee production also increased by about 10% to 18.3 million bags.
Indian coffee output is forecast to increase by 8.1% to 4 million bags. According to the Federation of Coffee Growers of Colombia, the country's coffee output in September 2019 reached 1,088,000 bags (60 kg), an increase of 38,000 bags (up 3.6%) over the same period in 2018. .
According to VietnamBiz
