Pepper prices continue to quiet (December 25, 2019)

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Pepper prices today in the Central Highlands and the South moved sideways, ranging between 40,000 – 42,500 VND / kg. In particular, pepper prices in Dong Nai and Gia Lai provinces are the lowest and highest in Ba Ria – Vung Tau, according to tintaynguyen.com.

The provincial

/ district (survey area)

Purchase price

Unit: VND / kg

DAK LAK
– Ea H’leo 41,000
GIA LAI
– Chu Se 40,000
Dak Nong
– Chiayi 41,000
BA RIA VUNG TAU
– Text 42,500
BINH PHUOC
– Text 41,500
DONG NAI
– Text 40,000

According to statistics from the General Department of Customs, pepper exports in November reached 17 thousand tons, worth $ 40 million, down 0.3% in volume and down 2.8% in value compared to October 2019. , but up 35.9% in volume and 3.1% in value compared to November 2018.

Accumulated from the beginning of the year to the end of November 2019, the export of pepper reached 267.3 thousand tons, worth US $ 674.27 million, up 21.4% in volume, but down 6.1% in value compared to the value. May 11, 2018.

In November, the average export price of pepper reached 2,353 USD / ton, down 2.5% compared to October 2019 and down 24.1% compared to November 2018. In the first 11 months of 2019, the average export price of pepper reached US $ 2,522 / ton, down 22.7% compared to the first 11 months of 2018.

Domestic coffee prices

TT human bucket Average price Change
FOB (HCM) 1,420 Subtract: +70
Dak Lak 32,000 +300
Lam Dong 31,600 +300
Gia Lai 31,900 +300
Dak Nong 31,900 +300
pepper 41,000 0
USD / VND exchange rate 23,110 0
Calculation unit: VND / kg | FOB: USD ($) / ton

Robusta coffee prices delivered in January 1/2020 increased 0.4% to $ 1,301 / ton. The price of arabica coffee delivered in March 2020 increased 3.7% to 130 UScent / pound.

According to the US Department of Agriculture (USDA), Indonesia's domestic coffee consumption will increase by 54%, Vietnam will increase by 14% and China will increase by 16% during the 5-year period ending in September 2020.

Meanwhile, in China, the famous Luckin Coffee chain has increased the number of stores to 3,680 by the end of the third quarter, equivalent to an increase of 209.5% over the same period last year, according to Nikkei Asia. Review.

The price of arabica coffee futures in the New York market has increased nearly 30% from a recent low in mid-November to 132 cents / pound, the highest level since the end of September 2017.

According to the Japanese Customs Agency, the country's coffee import in the first 10 months of 2019 reached 391 thousand tons, worth 119.29 billion yen (equivalent to 1.098 billion USD), up 11.8% in volume and up 0 , 2% in value compared to 10 months of 2018.

In the first 10 months of 2019, Japan mainly imported un-roasted and decaffeinated coffee, accounting for 97.6% of total imports, reaching 381.7 thousand tons, worth 109.45 billion Yen, up 11.7%. in quantity and increased by 0.7% in value;

Notably, Japan boosted the import of coffee pods or pods to reach 1.7 thousand tons, worth 35 million Yen, up 427.5% in volume and 468.3% in value over the same period. 2018.

Imported Robusta or unaffected Arabica coffee from Japan decreased by 5.1% in volume and by 5.4% in value over the same period in 2018, reaching 1.7 thousand tons, worth 849 million yen. .

In the first 10 months of 2019, Japan imported coffee from 63 countries and territories around the world.

In particular, Brazil is the largest coffee supply for Japan in the first 10 months of 2019, reaching 139.9 thousand tons, worth 39.2 billion yen (equivalent to 360.82 million USD), up 52.5% on amount and up 31.9% in value over the same period in 2018.

Brazil's market share of coffee in total Japanese imports increased from 26.2% in the first 10 months of 2018, to 35.8% in the first 10 months of 2019.

According to VietnamBiz

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