According to the page tintaynguyen.com, Prices of raw materials purchased in the Central Highlands and the South continued to fall to VND 500 / kg. Specifically, Dak Lak and Dak Nong provinces are reducing VND 500 / kg by VND 50,500 / kg. In Gia Lai, the price stood at 49,000 VND / kg.
In Ba Ria Vung Tau, the decrease of VND 500 / kg was VND 52,000 / kg.
Pepper prices in Binh Phuoc and Dong Nai have dropped to VND 500 / kg and VND 1,000 / kg, at VND 51,000 / kg and VND 49,000 / kg respectively.
The average price of pepper is now up to VND 50,500 / kg.g / kg.
| Province / district (survey area) | Purchasing price Unit: VND / kg |
| DAK LAK | |
| – Ea H’leo | 50,500 |
| GIA LAI | |
| – Chu Se | 49,000 |
| Dak Nong | |
| – Chiayi | 50,500 |
| BA RIA VUNG TAU | |
| – Average price | 52,000 |
| BINH PHUOC | |
| – Average price | 51,000 |
| DONG NAI | |
| – Average price | 49,000 |
Data from the Import and Export Department estimated that the average export price of pepper in May 2020 reached US $ 2,000 / ton, down 0.3% compared to April 2020 and down 18.7% compared to May / 2019.
Generally for the first 5 months of 2020, the average export price of pepper reached 2,104 USD / ton, down 18.2% over the same period in 2019.
It is forecast that in the coming time, the global pepper market will generally be more stable due to the reopening of major economies.
The price recovery trend will take place when many countries and territories lift the social order to encourage businesses to return to production.
Domestic coffee prices
As noted sangs from this page tintaynguyen.com price of green coffee in the Central Highlands provinces decreased by 300 VND / kg, the price ranges from 30,000 – 30,800 VND / kg.
In particular, the price of coffee today Bao Loc, Lam Ha decreased VND 300 / kg to VND 30,100 / kg, Di Linh to VND 30,000 / kg.
The price of coffee in Ea H’leo, Buon Ho (Dak Lak) also decreased by VND 300 / kg to VND 30,600 / kg and Cu M’gar reduced by VND 30,800 / kg. Similarly, the price of coffee in Gia Lai (Pleiku and Ia Grai) decreased by VND 300 / kg to VND 30,500 / kg.
Coffee prices in Dak Nong also increased by VND 300 / kg in Gia Nghia to VND 30,500 / kg, Kon Tum decreased by VND 100 to VND 30,800 / kg.
| Province / district (survey area) | Purchasing price VND / kg |
| Lam Dong | |
| – Lam Ha ROBUSTA | 30,100 |
| – Bao Loc ROBUSTA | 30,100 |
| – Di Linh ROBUSTA | 30,000 |
| DAK LAK | |
| – Residential M’gar ROBUSTA | 30,800 |
| – Ea H’leo ROBUSTA | 30,600 |
| – Buon Ho ROBUSTA | 30,600 |
| GIA LAI | |
| – Pleiku ROBUSTA | 30,500 |
| – Chu Prong ROBUSTA | 30,400 |
| – Ia Grai ROBUSTA | 30,500 |
| Dak Nong | |
| – Chiayi ROBUSTA | 30,500 |
| – Dak R’lap ROBUSTA | 30,400 |
| KON TUM | |
| – Dak Ha ROBUSTA | 30,800 |
| HO CHI MINH | |
| – R1 | 32,100 |
In the world market bounced back, the price of robusta coffee in London delivered in July 2020 decreased 1.39% to 1,134 USD / ton.
While in New York, arabica coffee prices in July 2020 decreased 1.71% to 94.6 US cents / pound.
According to statistics from the International Trade Center (ITC), Brazil is the largest source of coffee for Korea in the first four months of 2020, reaching 11.1 thousand tons, worth US $ 28 million, up 4, 4% in volume and 1.8% in value over 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 over the same period in 2019.
Influence from the Covid-19 epidemic to the production activities of many Korean coffee processing plants, the market tended to shift the structure of coffee category imports.
According to VietamBiz
