Pepper prices today in the Central Highlands and the South moved sideways, ranging between 36,000 – 39,000 VND / kg, 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 | 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 |
The 2020 pepper harvest in Kerala state has officially started in January, but the yield and quality of pepper are low due to adverse weather.
The moisture of the first harvest is about 17-20%, higher than the normal level of 13%. February and March 2020, when the two states of Kerala and Karnataka come to the main harvest, Indian pepper output can reach the threshold of 200 – 300 tons / week.
Indian pepper prices are expected to fall below Rs 300 a kg, possibly even reaching Rs 275 a kg in the short term. Karnataka is the largest spice producer in India, accounting for about 55% of the country's share, while Kerala and Tamil Nadu states account for 40% and 5% respectively.
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 30,400 – 30,800 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.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,370 | Subtract: +80 | |||
| Dak Lak | 30,800 | -100 | |||
| Lam Dong | 30,400 | -100 | |||
| Gia Lai | 30,800 | -100 | |||
| Dak Nong | 30,800 | -100 | |||
| pepper | 37,500 | 0 | |||
| USD / VND exchange rate | 23.170 | -ten | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
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.
Coffee prices fell due to plentiful supply, transactions were quiet. According to a forecast by the Brazilian Institute of Geography and Statistics (IBGE), Brazil's coffee production in 2020 will increase by 12.9% compared to 2019, to 56.4 million 60 kg bags (equivalent to 3 , 4 million tons).
In particular, Arabica coffee production is estimated at 42.2 million 60 kg bags (equivalent to 2.5 million tons), an increase of 22.1% compared to 2019. Accordingly, the average output increased by 16.2% , while new cultivated area increased by 4.2% and harvested area increased 5%.
Robusta coffee production is estimated at 14.2 million bags (equivalent to 852,000 tons), down 7.7% compared to 2019. In Vietnam, transactions are quite quiet due to the upcoming Lunar New Year holiday. 2020.
The situation is similar in Indonesia, as exporters are waiting for the Robusta coffee harvest in the southern part of Sumatra, where the harvest usually begins in March.
According to VietnamBiz
