Pepper prices Today, the whole Central Highlands has moved sideways, ranging between VND 39,000 and VND 42,500 / kg. In particular, the lowest pepper prices in Dong Nai and Gia Lai, the highest in Ba Ria – Vung Tau.
| Province / district (survey area) | Purchasing price Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 40,500 |
| GIA LAI | |
| – Chu Se | 39,000 |
| Dak Nong | |
| – Chiayi | 40,500 |
| BA RIA VUNG TAU | |
| – Text | 41,500 |
| BINH PHUOC | |
| – Text | 40,500 |
| DONG NAI | |
| – Text | 39,000 |
According to the Department of Processing and Agricultural Product Market Development in the near future, domestic and global pepper prices are unlikely to increase sharply due to oversupply pressure.
According to the report of the International Pepper Association (IPC), the average annual growth rate of the world demand for pepper is only about 2-3% / year, while the supply grows to 8-10%. /year.
IPC forecasts that in 2019, the world's total demand will reach only about 450 thousand tons, about 100,000 tons less than the total global pepper production.
Update coffee prices
Coffee price Today in the Central Highlands region was flat at VND 31,700 – VND 32,600 / kg. In particular, the highest coffee price recorded in Dak Lak, the lowest in Lam Dong, according to giacaphe.com.
Coffee prices around the port of Ho Chi Minh City decreased 1 USD / ton to 1,348 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,348 | Subtract: +150 | |||
 Dak Lak |
32,600 | 0 | |||
| Lam Dong | 31,700 | 0 | |||
| Gia Lai | 32,100 | 0 | |||
| Dak Nong | 32,300 | 0 | |||
| pepper | 40,000 | 0 | |||
| USD / VND exchange rate | 23.140 | 0 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
Robusta coffee delivered in November increased by 0.08% to 1,260 USD / ton. Price of arabica coffee delivered in December decreased 0.3% to 95.3 UScent / pound.
According to a report from the World Coffee Organization (ICO), the ICO composite price index dropped to 97.74 US cents / pound in September, and an average of 100.47 US cents / pound in the 2018 season – 2019.
The average ICO composite index reached 97.74 US cents / pound in September, an increase of 1.7% compared to August.
World coffee prices dropped to the lowest of 94.01 US cents / pound on September 5, and reached the highest at 100.29 US cents / pound on September 16, this is also the only day the index exceeded 100 US dollars. cent / pound in September.
Accordingly, the price of arabica coffee group increased in September, with Brazil arabica coffee group recorded the largest increase, up 3% from the previous month to US $ 98.73 / pound.
ICO price index of Arabica coffee group of Colombia and from other countries simultaneously increased by 2.1% to 131.9 US cent / pound and 128.89 US cent / pound respectively.
According to VietnamBiz
