Pepper prices today in the Central Highlands and the South were unchanged, ranging between 36,000 – 38,500 VND / kg. In particular, the highest pepper price recorded in Ba Ria – Vung Tau and the lowest in Gia Lai.
| The provincial
/ district (survey area) |
Purchase price
Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 37,500 |
| GIA LAI | |
| – Chu Se | 36,000 |
| Dak Nong | |
| – Chiayi | 37,500 |
| BA RIA VUNG TAU | |
| – Average price | 38,500 |
| BINH PHUOC | |
| – Average price | 38,000 |
| DONG NAI | |
| – Average price | 36,000 |
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 68 tons in 2018. Of which, 30% was consumed in domestic market, mainly for travel 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.
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.
Update coffee prices
Today's coffee price in the Central Highlands increased by VND 300 / kg. For the whole region, the price of coffee fluctuated between 31,200 and 31,800 VND / 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 increased 10 USD / ton to 1,394 USD / ton.
| The provincial
/ district (survey area) |
Purchase price
VND / kg |
|---|---|
| Lam Dong | |
| – Lam Ha ROBUSTA | 31,300 |
| – Bao Loc ROBUSTA | 31,300 |
| – Di Linh ROBUSTA | 31,200 |
| DAK LAK | |
| – Residential M’gar ROBUSTA | 31,800 |
| – Ea H’leo ROBUSTA | 31,600 |
| – Buon Ho ROBUSTA | 31,600 |
| GIA LAI | |
| – Pleiku ROBUSTA | 31,500 |
| – Chu Prong ROBUSTA | 31,400 |
| – Ia Grai ROBUSTA | 31,500 |
| Dak Nong | |
| – Chiayi ROBUSTA | 31,500 |
| – Dak R’lap ROBUSTA | 31,400 |
| KON TUM | |
| – Dak Ha ROBUSTA | 31,300 |
| HO CHI MINH | |
| – R1 | 32,900 |
Price of robusta coffee delivered in March 2020 increased by 1% to 1,288 USD / ton. Arabica coffee prices increased 3.8% to 109 USCent / pound.
In January, Brazil exported 3.2 million bags of coffee, worth $ 438.14 million, down 5.6% from last year. The average price of coffee is 136 USD / bag, an increase of 1.7% compared to 2019, according to Brazil – Arab News Agency.
Arabica coffee accounted for 83.2% of total coffee exports in January, equivalent to 2.7 million bags. Instant coffee accounted for 9.8%, or 315,300 bags, an increase of 29.8% compared to last year. Robusta coffee accounts for 6.9% of export output, equivalent to 223,800 bags, an increase of 48.6% compared to last year.
The United States and Germany are still Brazil's leading coffee consumers, while South Korea entered the top 10 major export markets for the first time.
“January coffee exports are very good, especially the dollar value per bag of coffee has increased higher than last year, despite the strong depreciation of the real copper,” said Chairman Cecafé, Nelson. Carvalhaes, in a press release.
He said that demand for coffee from South Korea could boost other markets like China.
For specialty coffee, Brazil has exported up to 630,900 bags. These types of coffee are of higher quality or certified sustainably and account for 19.5% of total exports.
Specialty coffee has helped Brazil earn US $ 108.2 million, accounting for 24.7% of total coffee export revenue, while the average price stood at US $ 172.09 / bag.
According to VietnamBiz
