Pepper prices today throughout the Central Highlands and the South unchanged, ranging between 37,000 – 39,500 VND / kg.
| The provincial
/ district (survey area) |
Purchase price
Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 38,000 |
| GIA LAI | |
| – Chu Se | 37,500 |
| Dak Nong | |
| – Chiayi | 38,000 |
| BA RIA VUNG TAU | |
| – Average price | 39,500 |
| BINH PHUOC | |
| – Average price | 38,500 |
| DONG NAI | |
| – Average price | 37,500 |
Kerala's state pepper crop in 2020 officially started in January 2020, but the yield and quality are low due to weather. February and March 2020, Kerala and Karmataka states of India in the main harvest, the output can reach 200-300 tons / week.
In early April 2020, export prices of Brazil and Malaysia were stable; export prices of Indian and Indonesian pepper decreased; Vietnam's export price of pepper increased.
Update coffee prices
Today's coffee price in the Central Highlands region continues to rise sharply by VND 600 / kg. In particular, the price of coffee in Lam Dong province is the lowest and highest in Dak Lak, according to giacaphe.com.
Coffee prices at warehouses around the port of Ho Chi Minh City increased 30 USD / ton to 1,260 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,260 | Subtract: +80 | |||
| Dak Lak | 30,200 | +600 | |||
| Lam Dong | 29,900 | +600 | |||
| Gia Lai | 30,200 | +600 | |||
| Dak Nong | 30,200 | +600 | |||
| pepper | 38,000 | 0 | |||
| USD / VND exchange rate | 23,355 | -15 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
Price of robusta coffee delivered in July increased by 2.6% to 1120 USD / ton. Arabica coffee prices increased 1.3 to 107 UScent / pound.
According to the Daily Express, the UK could face a shortage of coffee when the COVID-19 pandemic disrupted major supply chains around the world, especially from South America – the region responsible for supply. 2/3 of world coffee production and accounting for about half of UK imports.
The demand for coffee has increased sharply in the past month as companies and consumers began buying coffee to stock up when the blockade was applied in countries to avoid the spread of COVID-19.
Coffee growers in South America have had difficulty storing arabica coffee to meet record numbers of orders from the West.
The blockade also raised concerns about labor shortages in plantations across Brazil, Columbia and Peru.
South America is responsible for providing two-thirds of the world's coffee production and accounts for about half of UK imports.
The economic crisis in South America and Latin America has affected coffee sourcing after prices hit bottoms forcing farmers across Honduras and Columbia to give up their harvests.
According to the sheet Financial Times in early February, even before the corona virus epidemic became serious, arabica coffee prices had dropped 11% to a two-year low.
According to VietnamBiz
