Pepper prices today in the Central Highlands and the South unchanged, ranging from 39,000 to 42,000 VND / kg.
| The provincial
/ district (survey area) |
Purchase price
Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 40,000 |
| GIA LAI | |
| – Chu Se | 39,000 |
| Dak Nong | |
| – Chiayi | 40,000 |
| BA RIA VUNG TAU | |
| – Average price | 42,000 |
| BINH PHUOC | |
| – Average price | 41,000 |
| DONG NAI | |
| – Average price | 39,000 |
The highlight of Vietnam's pepper exports in 2019 is the significant growth in exports to the German market in both volume and value in the context of declining global pepper prices.
As of November, pepper export to Germany has reached 10.5 thousand tons, equivalent to 30.3 million USD, up 40.8% in volume and 9% in value.
Germany's share of Vietnam's total pepper exports has also increased from 3.9% (in 2018) to 4.5% (in 2019).
Germany increased imports of pepper mainly to provide raw materials for the processing industry, serving the need for re-export to other countries in Europe and the US.
Update coffee prices
Coffee prices today in the Central Highlands region unchanged. For the whole region, the price of coffee ranged from 31,600 to 32,100 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 Ho Chi Minh City port were unchanged at VND 33,500 / kg.
| The provincial
/ district (survey area) |
Purchase price
VND / kg |
|---|---|
| Lam Dong | |
| – Lam Ha ROBUSTA | 31,600 |
| – Bao Loc ROBUSTA | 31,600 |
| – Di Linh ROBUSTA | 31,500 |
| DAK LAK | |
| – Residential M’gar ROBUSTA | 32,200 |
| – Ea H’leo ROBUSTA | 32,100 |
| – Buon Ho ROBUSTA | 32,100 |
| GIA LAI | |
| – Chu Prong ROBUSTA | 31,800 |
| – Pleiku ROBUSTA | 31,900 |
| – Ia Grai ROBUSTA | 31,900 |
| Dak Nong | |
| – Chiayi ROBUSTA | 31,900 |
| – Dak R’lap ROBUSTA | 31,800 |
| KON TUM | |
| – Dak Ha ROBUSTA | 32,100 |
| HO CHI MINH | |
| – R1 | 33,500 |
The price of robusta coffee delivered in March 2020 decreased by 2% to 1,287 USD / ton. Price of arabica coffee delivered in March 2020 increased 1% to 118.6 UScent / pound.
According to the latest report from the World Coffee Organization (ICO), the composite price index has increased in the last month of 2019, ranging from 111.8 to 123.69 US cents / pound.
In particular, the price of all arabica coffee groups increased in December 2019, while robusta coffee prices fell 0.1% to 73.22 US cents / pound.
Stable demand and current tightness in the market have helped pull up coffee prices.
Exports in the first two months of the coffee year 2019-2020 have decreased by 10.8% to 18.3 million bags. Exports from the whole coffee group declined during this period, with the exception of the arabica coffee group from Colombia, with exports increasing 2.2% to 2.6 million bags.
ICO also said that global coffee production is estimated at 168.71 million bags in 2019-2020, down from last year because arabica coffee production is estimated to decrease 4.1% to 96.22 million bags, while coffee Robusta coffee increased by 3.7% to 72.5 million bags.
According to VietnamBiz
