Pepper prices today in the Central Highlands and the South moved sideways, ranging between 36,000 – 39,000 VND / kg.
| The provincial
/ district (survey area) |
Purchase price
Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 38,000 |
| GIA LAI | |
| – Chu Se | 36,000 |
| Dak Nong | |
| – Chiayi | 38,000 |
| BA RIA VUNG TAU | |
| – Average price | 39,000 |
| BINH PHUOC | |
| – Average price | 38,000 |
| DONG NAI | |
| – Average price | 36,000 |
In Cambodia, Kampot pepper has been granted a Geographical Indications (GI) certificate from the European Union (EU) since 2016, increasing pepper yield and quality assurance.
In 2019, about 120 tons of Kampot pepper that has been granted Geographical Indications (GI) from the EU has been harvested, but the traditional way of selling it through the Kampot Pepper Promotion Association is less than half.
According to the Kampot Pepper Promotion Association, at the end of December 2019, the Kampot Pepper Promotion Association sold about 50 tons of pepper, lower than the 68 tons in 2018.
Of which, 30% is consumed in the domestic market, mainly for tourist shops and 70% for export.
Cambodia's export markets for pepper include the EU, US, Japan, China and South Korea. The remaining pepper stored by farmers can be sold in the domestic market, but at a lower price, depending on demand.
Update coffee prices
Coffee prices today in the Central Highlands region unchanged. For the whole region, the price of coffee fluctuates in the range of VND 30,500 – 31,000 / kg. In particular, the price of coffee in Lam Dong province is the lowest and highest in Dak Lak, according to tintaynguyen.com.
Coffee prices at warehouses around the port of Ho Chi Minh City were unchanged at VND 32,200 / kg.
| The provincial
/ district (survey area) |
Purchase price
VND / kg |
|---|---|
| Lam Dong | |
| – Lam Ha ROBUSTA | 30,500 |
| – Bao Loc ROBUSTA | 30,500 |
| – Di Linh ROBUSTA | 30,400 |
| DAK LAK | |
| – Residential M’gar ROBUSTA | 31,000 |
| – Ea H’leo ROBUSTA | 30,900 |
| – Buon Ho ROBUSTA | 30,900 |
| GIA LAI | |
| – Pleiku ROBUSTA | 30,700 |
| – Chu Prong ROBUSTA | 30,600 |
| – Ia Grai ROBUSTA | 30,700 |
| Dak Nong | |
| – Chiayi ROBUSTA | 30,700 |
| – Dak R’lap ROBUSTA | 30,600 |
| KON TUM | |
| – Dak Ha ROBUSTA | 30,800 |
| HO CHI MINH | |
| – Arabica | 32,200 |
The price of robusta coffee delivered in March 2020 decreased 1.1% to 1,267 USD / ton. Arabica coffee prices increased 0.6% to 98.8 USCent / pound.
According to the January 2020 Coffee Market Report of the International Coffee Organization (ICO), the total output of South American coffee in the 2019-2020 crop is estimated at 168.71 million bags, down 0.9%. .
Expected lower yields in Africa and South America, respectively reducing 2.3% to 18.19 million bags and 4.7% to 78.33 million bags.
However, in Asia and Oceania, production is estimated at 50.65 million bags, up 5.4% while production from Mexico & Central America is estimated to increase 0.9% to 21.54 million bags.
According to the ICO, coffee exports in the first 3 months of the 2019-2020 global crop decreased 5.8% to 29.01 million bags compared to 30.78 million bags in the same period in 2018-2019.
During this period, shipments of arabica coffee decreased by 10.1% to 18.28 million bags but robustas exports increased by 2.7% to 10.73 million bags.
The decline in arabica coffee exports was mainly due to the decline in shipments of producing countries and Brazil, respectively down 13.8% to 4.22 million bags and 13.3% to 9.95 million. sack.
According to VietnamBiz
