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.
| Province / district (survey area) | Purchasing 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 |
India imported 20,265 tons of black pepper from 2016 to 2017; 29,650 tons in the 2017-2018 season and the 2018-2019 season, the import volume is expected to reach 24,950 tons, according to The Hindu Business Line.
Piyush Goyal, India's Minister of Industry and Trade, said a number of cases involving smuggling of low-price black pepper from other origins to India, across the border of Nepal and Bangladesh, have been recorded.
In this regard, Customs and the General Department of Revenue Intelligence have been alerted and alerted at the entry point in the port to detect and prevent the entry of poor quality pepper from other countries. India.
Update coffee prices
Coffee prices today in the Central Highlands increased sharply 600 VND / kg ranging between 33,000 – 33,300 VND / kg. In particular, the price of coffee in Lam Dong province is the lowest and highest in Dak Lak, Dak Nong and Gia Lai, according to giacaphe.com.
Coffee prices at warehouses around the port of Ho Chi Minh City increased 34 USD / ton to 1,565 USD / ton
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,565 | Subtract: +115 | |||
 Dak Lak |
33,300 | +600 | |||
| Lam Dong | 33,000 | +600 | |||
| Gia Lai | 33,300 | +600 | |||
| Dak Nong | 33,300 | +600 | |||
| pepper | 41,000 | 0 | |||
| USD / VND exchange rate | 23.115 | +5 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
Robusta coffee delivered in January 2020 increased by 2.1% to 1,433 USD / ton. Price of arabica coffee delivered in March 2020 increased by 4.7% to 135.8 UScent / pound.
The latest monthly market report of the World Coffee Organization (ICO) said that November marked the first time in the past 12 months that only the ICO composite price remained above 100 US cents / pound.
Accordingly, the ICO composite index rose in November, to a 12-month high, even when the Brazilian real fell to a record low against the dollar.
The daily price index rose from 102.74 US cents / pound in early November to 111.86 US cents on November 25, before the end of the month at 111.77 US cents / pound.
While daily prices have been trending upwards since mid-October 2019, the November average was US $ 107.23 per pound, up 10.1% from the previous month.
The report also said that the prices of all index groups increased in November, with arabica coffee group recording the largest increase, 12.1% to 109.94 US cents / pound.
This increase reflects part of the production in the season for low productivity, as well as the weakening of the Brazilian real.
Arabica coffee group from other countries increased by 11% to 140.98 US cents / pound while Colombian arabica coffee group increased by 10.6% to 146.12 US cents / pound.
According to VietnamBiz
