Price of pepper stood still (June 17, 2020).

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According to tintaynguyen.com, prices of raw materials purchased in the Central Highlands and the South continued to be stable. Specifically, Dak Lak and Dak Nong provinces quote VND 52,000 / kg. In Gia Lai, the price stood at VND 51,000 / kg.

In Ba Ria Vung Tau, unchanged compared to yesterday, the price was VND 53,500 / kg.

Pepper prices in Dong Nai were stable at 51,000 VND / kg, Binh Phuoc also recorded a price of 52,500 VND / kg.

The average price of pepper now reaches 52,000 VND / kg.

Province / district (survey area) Purchasing price Unit: VND / kg
DAK LAK
– Ea H’leo 52,000
GIA LAI
– Chu Se 51,000
Dak Nong
– Chiayi 52,000
BA RIA VUNG TAU
– Average price 53,500
BINH PHUOC
– Average price 52,500
DONG NAI
– Average price 51,000

According to the Vietnam Export-Import Department, according to calculations from Russian Customs, the country’s pepper imports in the first quarter of 2020 reached 2,220 tons, worth US $ 5.18 million, an increase of 49 , 1% in volume and up 18.8% in value over the same period in 2019.

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

In the first quarter of 2020, Russia increased imports of pepper from Vietnam, India, Indonesia, Sri Lanka, China and Germany; reduce imports from Brazil, Poland, …

Domestic coffee prices

As noted from the page tintaynguyen.com the price of green coffee in the Central Highlands provinces continued to drop to VND 300 / kg, ranging from VND 30,200 – 31,000 / kg.

Specifically, today’s coffee prices in Bao Loc and Lam Ha decreased by VND 300 / kg to VND 30,300 / kg, Di Linh decreased to VND 30,200 / kg.

The price of coffee in Ea H’leo, Buon Ho (Dak Lak) decreased by VND 300 / kg to VND 30,800 / kg and Cu M’gar was VND 31,000 / kg. Similarly, the price of coffee in Gia Lai (Pleiku and Ia Grai) decreased by VND 300 / kg to VND 30,700 / kg.

Coffee prices in Dak Nong also decreased by VND 400 / kg in Gia Nghia and Dak R’lap respectively VND 30,600 and VND 30,700 / kg, Kon Tum was VND 31,000 / kg.

The price of coffee delivered in Ho Chi Minh City port decreased to VND 32,300 / kg.

Province / district (survey area) Purchasing price VND / kg
Lam Dong
– Bao Loc ROBUSTA 30,300
– Di Linh ROBUSTA 30,200
– Lam Ha ROBUSTA 30,300
DAK LAK
– Residential M’gar ROBUSTA 31,000
– Ea H’leo ROBUSTA 30,800
– Buon Ho ROBUSTA 30,800
GIA LAI
– Pleiku ROBUSTA 30,700
– Chu Prong ROBUSTA 30,600
– Ia Grai ROBUSTA 30,700
Dak Nong
– Dak R’lap ROBUSTA 30,600
– Chiayi ROBUSTA 30,700
KON TUM
– Dak Ha ROBUSTA 30,800
HO CHI MINH
– R1 32,300

In the world market fell again, the price of robusta coffee in London delivered in July 2020 decreased 1.46% to 1,148 USD / ton.

While in New York, arabica coffee prices in July 2020 decreased 0.37% to 93.65 US cents / pound.

According to news from Safras & Mercado in Brazil, although the market for arabica coffee in New York has weakened again with double-digit prices and the negative impact of the Covid-19 pandemic, up to the present time producers. The world’s No. 1 coffee has sold 34% of the harvested 2020/2021 crop output, an increase of 6% compared to the 2019/2020 crop.

Achieving great positive results in trade partly supported by the Reais exchange rate at a favorable level for Brazilian people to boost coffee exports.

According to VietnamBiz

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