Pepper prices today in the Central Highlands and the South were unchanged, ranging between 39,000 and 41,500 VND / kg, according to tintaynguyen.com.
| 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 |
Nguon Lay, Chairman of the Kampot Pepper Promotion Association, said that at the end of December 2019, the Association sold about 50 tons of pepper, lower than the 68 tons in 2018, according to Khmer Times January 3.
“Pepper productivity has increased and good quality,” said Mr. Nguon.
Of the sold pepper, 30% is consumed in the domestic market, mainly for tourist shops and 70% is exported.
“Pepper sales at souvenir shops in Cambodia have dropped. Previously they could sell about 7-8 tons but now only sell 1-2 tons, “Mr. Nguon added.
The Kampot Pepper Promotion Association has 455 members including farmers and companies with pepper plantations.
These plantations cover 290 hectares of land in Kampong Trach district, Kampot province. The main markets of Kampot pepper are EU, USA, Japan, China and Korea.
Update coffee prices
Today's coffee price in the Central Highlands region has dropped by VND300-400 / kg. For the whole region, the price of coffee fluctuated between 30,900 and 31,400 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 by 14 USD / ton to 1,385 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,385 | Subtract: +80 | |||
| Dak Lak | 31,400 | -300 | |||
| Lam Dong | 30,900 | -300 | |||
| Gia Lai | 31,200 | -400 | |||
| Dak Nong | 31,200 | -400 | |||
| pepper | 40,000 | 0 | |||
| USD / VND exchange rate | 23,105 | 0 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
The price of robusta coffee delivered in March 2020 decreased 1.1% to 1,304 USD / ton.
Brazil's green coffee exports reached 36.6 million bags (60 kg / bag) in 2019, an increase of 14.8% over the previous year to a record high, Reuters citing sources from the Cecafé Export Association in a report on Wednesday (January 15).
Cecafé President Nelson Carvalhaes shared that Brazil is expected to export larger volumes by 2020, although low stockpiles may limit shipments until June when the new crop begins.
The 2020 crop is expected to be favorable, allowing Brazil to increase export volumes in the second half of this year.
Brazil will return to the main production year in 2020 when the country alternates with the main and secondary production years due to the characteristics of arabica coffee.
The South American country produced a record 61.6 million bags in the biennial cycle in 2018. Production dropped to 49.3 million bags in 2019, the year of informal production.
Merchants and experts expect coffee production to once again reach a record in 2020, but some have changed their views due to poorer crop care conditions and adverse climatic conditions in a Regional number in Brazil.
According to VietnamBiz
