Update pepper prices (April 30, 2020)

Rate this post

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

In an interview on April 27, Nguon Lay, president of the Kampot Pepper Promotion Association (KPPA), said that since the outbreak of COVID-19, the harvested pepper has been stored. in stock because it cannot be exported to EU market.

“I hope that once the epidemic is under control, the demand for pepper will recover. Currently, we only buy pepper from farmers who are members of the Association and store it in stockpiles, ”said Mr. Lay.

However, the lack of income is forcing farmers to stop hiring pepper harvest workers as the spice cannot be exported.

Update coffee prices

Today's coffee price in the Central Highlands region continues to increase by VND 100 / kg. In particular, the price of coffee in Lam Dong province is the lowest and highest in Dak Lak.

Coffee prices at warehouses around the port of Ho Chi Minh City increased 6 USD / ton to 1,266 USD / ton.

Domestic coffee prices

TT human bucket Average price Change
FOB (HCM) 1,266 Subtract: +80
Dak Lak 30,300 +100
Lam Dong 30,000 +100
Gia Lai 30,300 +100
Dak Nong 30,300 +100
pepper 38,000 0
USD / VND exchange rate 23,330 -25
Calculation unit: VND / kg | FOB: USD ($) / ton

Price of robusta coffee delivered in July increased by 0.2% to 1,182 USD / ton. Arabica coffee prices fell 2.2% to 105.2 UScent / pound.

Data from the Uganda Coffee Development Agency (UCDA) released earlier this month showed that coffee export sales – one of Uganda's major foreign exchange earnings – reached 172 billion shillings ($ 46.7 million). in February.

This figure increased from 120 billion shillings (32.5 million USD) in the same period last year, equivalent to an increase of 43%. According to the report, Uganda exported more than 476,000 kg of coffee while the volume of the same period last year was only 325,000 kg.

Uganda produces and exports two main types of coffee, robusta and arabica. Robusta coffee accounts for over 80% of total production while arabica accounts for 20%.

According to a UCDA report, in February, a total of 388,646 kg of robusta coffee was exported, an increase of 48.6% from 261,526 kg in the same period last year.

According to VietnamBiz

Leave a Reply

Your email address will not be published. Required fields are marked *