Pepper prices Today, in the Central Highlands region, it has been moving around 39,000 – 42,500 VND / kg. In particular, the lowest pepper prices in Gia Lai and Dong Nai, the highest in Ba Ria – Vung Tau.
| Province / district (survey area) | Purchasing price Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 41,500 |
| GIA LAI | |
| – Chu Se | 39,000 |
| Dak Nong | |
| – Chiayi | 41,500 |
| BA RIA VUNG TAU | |
| – Text | 42,500 |
| BINH PHUOC | |
| – Text | 41,500 |
| DONG NAI | |
| – Text | 39,000 |
Sri Lankan spice producers have asked the Indian government to eliminate the minimum import price (MIP) for black pepper because Sri Lanka's spice exports to India have stalled. badly to domestic pepper prices.
“Although production is down, pepper prices cannot increase. In fact, pepper prices have actually fallen to 400 – 450 rupees this year.
This is the result of the Indian government imposing a minimum import price of 500 rupees per kilogram on Sri Lanka pepper, ”said Prins Gunasekera, former president of the Association of Traders, Pepper and Spice Growers. Sri Lanka said.
He said pepper exports have stalled due to India's unrealistic prices, which is a non-tariff barrier to trade.
Sri Lanka is allowed to export 2,500 tons of pepper a year to India and enjoy a 0% tax, under the Indo-Sri Lanka Free Trade Agreement.
India applied price control measures when domestic pepper producers announced that cheap pepper from Vietnam was imported into India via Sri Lanka, according to the Daily Mirror.
Update coffee prices
Coffee price Today, in most provinces in the Central Highlands region, it has decreased by VND 200, ranging from VND 32,400 to VND 33,400 / kg. In particular, the highest coffee price recorded in Dak Lak, the lowest in Lam Dong, according to giacaphe.com.
Coffee price around Ho Chi Minh City port reached 1,459 USD / ton, down 7 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,459 | Subtract: +150 | |||
 Dak Lak |
33,400 | -200 | |||
| Lam Dong | 32,400 | -200 | |||
| Gia Lai | 33,000 | -200 | |||
| Dak Nong | 33,100 | -200 | |||
| pepper | 41,000 | 0 | |||
| USD / VND exchange rate | 23.140 | 0 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
Price of robusta coffee delivered in November decreased by 0.5% to 1,311 USD / ton. Price of arabica coffee delivered in December increased by 2% to 101.2 UScent / pound.
In the first 6 months of 2019, Thailand reduced coffee imports in a number of markets including Vietnam. Vietnam's coffee market share in this country decreased by 5.2 percentage points to 91%.
Import and Export Department said according to statistics from the Thai Customs Department, imported the coffee of the Southeast Asian nation in the first half of 2019 decreased by 35.1% in volume and 31.2% in value compared to the first 6 months of 2018, to 16,017 tons, worth nearly $ 38 million).
In particular, Thailand's import of arabica and robusta, unroasted and decaffeinated coffee in the first six months of 2019 decreased by nearly 38% in volume and 42% in value compared to the first 6 months of 2018, to 14,757 tons worth USD 26.8 million.
This category accounts for over 92% of Thailand's total coffee imports in the first half of 2019.
In contrast, in the first 6 months of 2019, Thailand boosted the import of roasted and un-decaffected coffee, up 52.3% in volume and 36.4% in value over the same period last year, reaching 1,086 tons, worth more than 8.14 million USD.
In the first half of the first month of 2019, Thailand reduced its imports of coffee from Vietnam, Laos, Italy and the UK, but increased imports from Malaysia, Indonesia, the US, Brazil, Sweden and Australia.
According to VietnamBiz
