Pepper prices today throughout the Central Highlands and the South unchanged, ranging from 37,000 to 39,500 VND / kg. In particular, the highest pepper price recorded in Ba Ria – Vung Tau and the lowest in Dong Nai, according to tintaynguyen.com.
| The provincial
/ district (survey area) |
Purchase price
Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 38,000 |
| GIA LAI | |
| – Chu Se | 37,000 |
| Dak Nong | |
| – Chiayi | 38,000 |
| BA RIA VUNG TAU | |
| – Average price | 39,500 |
| BINH PHUOC | |
| – Average price | 38,500 |
| DONG NAI | |
| – Average price | 37,000 |
Brazil is the second largest pepper producer in the world in 2019, producing 67,000 tons, of which 64,000 tons of black pepper and 3,000 tons of white pepper. Compared to 2018, Brazil's pepper production in 2019 decreased.
The reason is that some of the country's pepper gardens are old, while the new areas planted with white pepper have not been harvested.
Indonesia is the world's third largest pepper producer in 2019, with an output of 65,000 tons. In particular, black pepper production reached 25,000 tons, white pepper reached 40,000 tons. In 2019, Indonesia's pepper production decreased compared to 2018 because many pepper growing gardens in the main growing area did not invest and care when the price dropped.
Update coffee prices
Coffee prices today in the Central Highlands region recovered again, up 200 VND / kg. For the whole region, the price of coffee fluctuated between 31,100 and 31,400 VND / kg. In particular, the price of coffee in Lam Dong province is the lowest and highest in Dak Lak, Dak Nong according to giacaphe.com.
Coffee prices at warehouses around the port of Ho Chi Minh City increased 9 USD / ton to 1,362 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,362 | Subtract: +80 | |||
| Dak Lak | 31,400 | +200 | |||
| Lam Dong | 31,100 | +200 | |||
| Gia Lai | 31,400 | +200 | |||
| Dak Nong | 31,400 | +200 | |||
| pepper | 38,000 | 0 | |||
| USD / VND exchange rate | 23.185 | +15 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
The price of robusta coffee delivered in March 2020 increased 1.8% to 1,263 USD / ton. The price of arabica coffee delivered in March 2020 decreased by 1.5% to 104.3 UScent / pound.
According to the Government of Indonesia, the output of Robusta coffee exported in January 2020 of Sumatra island – the largest coffee-growing island of the country reached 164,143 bags, an increase of 61,900 bags (equivalent to an increase of 60.54%) over the month. first.
Generally for the first 4 months of the crop year 2019-2020, Robusta coffee exports of Sumatra island reached 1,098,268 bags, an increase of 342,955 bags (equivalent to an increase of 45.4%) compared to the first 4 months of the crop year 2018/19.
Global coffee supply will be added when the Robusta coffee harvest in the southern part of Sumatra Island will start in March 2020. The Southeast Asian coffee market also showed signs of selling increase after the traditional Tet holiday, which caused the market to suffer from oversupply pressure.
In addition, the USD increased against major currencies in the world currency basket, causing coffee prices to fall.
According to VietnamBiz
