Pepper price increased to VND 1,000 / kg (June 29, 2020).

This morning according to the page tintaynguyen.com, prices of raw material purchased in the Central Highlands and the South increased VND 1,000 / kg in comparison with the previous week.

In particular, the provinces of Dak Lak and Dak Nong increased to VND 1,000 / kg for VND 48,500 / kg. In Gia Lai, the price increased to VND 47,000 / kg.

In Ba Ria – Vung Tau province, the price of pepper today was 50,000 VND / kg, the highest price in the whole region.

In Dong Nai province, the price of pepper today is 47,000 VND / kg, this is the locality with the lowest price in the whole region, Binh Phuc increased to 1,000 VND / kg, priced at 48,500 VND / kg.

The average price of pepper currently up to 47,000 VND / kg.

Province / district (survey area) Purchasing price Unit: VND / kg
DAK LAK
– Ea H’leo 48,500
GIA LAI
– Chu Se 47,000
Dak Nong
– Chiayi 48,500
BA RIA VUNG TAU
– Average price 50,000
BINH PHUOC
– Average price 48,500
DONG NAI
– Average price 47,000

Statistics of the Russian Customs Agency, the country’s import of pepper in the first quarter of 2020 reached 2,220 tons, valued at US $ 5.18 million, up 49.1% in volume and 18.8% in value compared to with the same period of 2019.

The average import price of Russian pepper in the first quarter of 2020 reached US $ 2,333 / ton, down 20.3% compared to the first quarter of 2019.

Domestic coffee prices

Noted this morning from the page tintaynguyen.com The price of green coffee in the Central Highlands provinces and the South did not change compared to the end of last week, the price ranges from 29,900 – 32,000 VND / kg.

Specifically, today’s coffee prices in Bao Loc, Lam Ha (Lam Dong) stand still at VND 30,000 / kg, Di Linh has VND 29,900 / kg.

The price of coffee in Ea H’leo, Buon Ho (Dak Lak) did not change compared to last week 30,600 VND / kg and Cu M’gar cost 30,700 VND / kg. Similarly, the price of coffee in Gia Lai (Pleiku and Ia Grai) is similar to VND 30,400 / kg.

Prices of coffee in Dak Nong were unchanged in Gia Nghia, Dak R’lap was VND 30,300 / kg and VND 30,400 / kg, Kon Tum was VND 30,400 / kg.

Coffee price in Ho Chi Minh City port is selling at VND 32,000 / kg

Province / district (survey area) Purchasing price VND / kg
Lam Dong
– Lam Ha ROBUSTA 30,000
– Bao Loc ROBUSTA 30,000
– Di Linh ROBUSTA 29,900
DAK LAK
– Residential M’gar ROBUSTA 30,700
– Ea H’leo ROBUSTA 30,600
– Buon Ho ROBUSTA 30,600
GIA LAI
– Pleiku ROBUSTA 30,400
– Chu Prong ROBUSTA 30,300
– Ia Grai ROBUSTA 30,400
Dak Nong
– Dak R’lap ROBUSTA 30,300
– Chiayi ROBUSTA 30,400
KON TUM
– Dak Ha ROBUSTA 30,400
HO CHI MINH
– R1 32,000

In the world market continues to decline, robusta coffee prices in London delivered in September 2020 decreased by 0.09% to $ 1,153 / ton.

While in New York, arabica coffee prices in September 2020 increased by 0.89% to 96.65 US cents / pound.

Coffee prices are mixed after the first notice (FND), coffee prices in the London market have been adjusted, investors pressed robusta coffee prices from Brazil, which is a worrying market. Eurozone is showing signs of prosperity, helping the market expect more.

The latest Traders’ Commitment Report (CFTC) from the arabica coffee market in New York said that as of Tuesday, June 9, the non-commercial speculative division increased the net short-term selling price by 56.67 % registered to net sell to 17,489 lots, equal to 4,958,054 bags and may have been increased after the general trade period was somewhat weaker again.

According to VietnamBiz

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