Update pepper prices (February 6, 2020)

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Pepper prices today in the Central Highlands and the South unchanged, ranging from 36,500 to 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 36,500
Dak Nong
– Chiayi 38,000
BA RIA VUNG TAU
– Average price 39,500
BINH PHUOC
– Average price 38,500
DONG NAI
– Average price 37,000

According to the page Cogencis, a new crop in Kerala state has officially started after being delayed by two weeks. However, the quantity and quality of pepper are still very low, according to some traders.

The moisture of the first harvest is about 17-20%, higher than the normal level of about 13%.

According to experts' forecast, pepper prices may decrease in the period of February – March after the states of Kerala and Karnataka in the main season and output can reach the threshold of 200 – 300 tons / week.

Update coffee prices

Coffee prices today in the Central Highlands region continued to fall 100 VND / kg. For the whole region, the price of coffee fluctuated in the range of 30,100 – 30,600 VND / kg. In particular, the price of coffee in Lam Dong province is the lowest and highest in Dak Lak, according to giacaphe.com.

Coffee prices at warehouses around the port of Ho Chi Minh City decreased 6 USD / ton to 1,364 USD / ton.

TT human bucket Average price Change
FOB (HCM) 1,364 Subtract: +80
Dak Lak 30,600 -100
Lam Dong 30,100 -100
Gia Lai 30,400 -100
Dak Nong 30,400 -100
pepper 38,000 0
USD / VND exchange rate 23,160 -ten
Calculation unit: VND / kg | FOB: USD ($) / ton

Price of robusta coffee delivered in March 2020 decreased by 0.2% to 1,269 USD / ton. Arabica coffee prices fell 0.3% to 97.8 USCent / pound.

According to the Ministry of Industry and Trade's estimate, coffee exports in January 2020 reached 140 thousand tons, worth US $ 245 million, down 25.6% in volume and down 25.2% in value compared to December 2019, 30.6% in volume and 30.3% in value compared to January 2019.

Coffee exports in January 2020 decreased sharply compared to December 2019 and compared to January 2019 due to the Lunar New Year holidays. The average export price of coffee in January 2020 reached US $ 1,751 / ton, up 0.6% compared to December 2019 and up 0.4% compared to January 2019.

According to calculations from the General Department of Customs, Robusta coffee exports in 2019 reached 1.54 million tons, worth $ 2.33 billion, down 3.9% in volume and down 15.2% in value. compared to 2019.

In particular, Robusta coffee exports to many reduced markets such as the US, Belgium, UK, Thailand, Malaysia, India, France and China.

According to VietnamBiz

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