Pepper prices today in the Central Highlands and the South remained unchanged, ranging between VND 39,000 and VND 41,500 / 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 | 41,500 |
| BINH PHUOC | |
| – Average price | 40,500 |
| DONG NAI | |
| – Average price | 39,000 |
The export volume of pepper in December 2019 is estimated at 17 thousand tons, with a value of US $ 41 million, bringing the export volume of pepper in 2019 is estimated at 284 thousand tons and US $ 715 million, up 23.4% in volume. However, in 2019, the average export price of pepper was estimated at 2,516 USD / ton, down 23.6% compared to 2018.
In 2019, the US continues to be the largest market of Vietnamese pepper, with a market share of 19.5%. Followed by India (6.9%), Germany (4.5%), Netherlands (3.7%), United Arab Emirates (3.5%), Pakistan (3, 5%) … Pepper exports to most markets increased in volume but decreased in value, due to the impact of the downward trend of pepper prices in the world.
Update coffee prices
Coffee prices today in the Central Highlands have been mixed. For the whole region, the price of coffee fluctuated between 31,000 and 31,700 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 21 USD / ton to 1,399 USD / ton.
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,399 | Subtract: +80 | |||
| Dak Lak | 31,700 | +100 | |||
| Lam Dong | 31,000 | -100 | |||
| Gia Lai | 31,400 | -100 | |||
| Dak Nong | 31,400 | -100 | |||
| pepper | 40,000 | 0 | |||
| USD / VND exchange rate | 23,105 | -5 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
The price of robusta coffee delivered in March 2020 increased by 0.5% to 1,321 USD / ton. Price of arabica coffee delivered in March 2020 decreased 0.9% to 112 UScent / pound.
The United Arab Emirates (UAE) is one of the countries with the strongest growth in Brazilian coffee consumption in 2019, when it increased by 22% to 139,426 bags (60 kg / bag). The volume of coffee imports of other Arab countries also increased by 4.9% to nearly 1.8 million bags, according to Brazil – Arab News Agency.
However, turnover decreased by 10.65% to 205.4 million USD. Arab countries consumed 4.4% of Brazil's coffee exports last year, according to figures from the Brazilian Coffee Exporters Council (Cecafé).
Cecafé President Nelson Caravalhaes said that Arab countries are Brazil's important market.
“They are an important partner. We offer high quality coffee and they love these products. Therefore, we consider the Arab market a friendly partner with Brazil, ”said Nelson Caravalhaes.
Mr. Caravalhaes predicted that by 2020, the export turnover of coffee to Saudi Arabia could reach 2 million USD.
Director of the Brazilian Coffee Exporters Council, Marco Matos, said Cecafé will participate in Gulfood – the largest beverage and food exhibition in the Middle East in Dubai, UAE from February 16 to February 20. .
According to VietnamBiz
