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 2020 pepper harvest in Kerala state has officially started in January 2020, 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%. In February 2020 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 proportion, while Kerala and Tamil Nadu states account for 40% and 5% respectively.
Update coffee prices
Coffee prices today in the Central Highlands continued to plummet 500 VND / kg. For the whole region, the price of coffee fluctuates in the range of VND 30,500 – 31,000 / 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 1 USD / ton to 1,407 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,383 | Subtract: +80 | |||
| Dak Lak | 31,000 | -500 | |||
| Lam Dong | 30,500 | -500 | |||
| Gia Lai | 30,800 | -500 | |||
| Dak Nong | 30,800 | -500 | |||
| pepper | 40,000 | 0 | |||
| USD / VND exchange rate | 23.105 | 0 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
Price of robusta coffee delivered in March 2020 decreased by 2% to 1,301 USD / ton. Arabica coffee prices fell 2.7% to 102.2 USCent / pound.
The Australian Department of Agriculture has proposed a retail ban for pure caffeine products and high-concentration caffeine products.
The purpose of this proposal is to advise importers that the Australian and New Zealand Food Standards Agency (FSANZ) has consulted with the community on an urgent proposal to ban retail sale of whole caffeine products. substances and products with a high concentration of caffeine in Australia and New Zealand.
If the ban is implemented, it will affect the import of these food products. Specifically, on November 1, 2019, FSANZ consulted the community regarding this content.
After receiving the proposal, the Australian Department of Agriculture immediately consulted with FSANZ about the food safety risks of the above mentioned products currently being imported into Australia.
If FSANZ declares that these products pose a moderate to high risk to public health, the Australian Department of Agriculture will seek to classify these foods as hazardous foods under the Real Control Order. Imported Food Control Order 2019 (Imported Food Control Order 2019).
From there, the authorities can determine the target and prevent effectively when these products go through customs clearance at the border through the Imported Food Inspection Program.
FSANZ's recommendation (number P1054) was made after the review in August 2019. The report pointed out that the ease of retailing of pure caffeine products poses a high risk to consumers, and the retailing of these products should be banned.
According to VietnamBiz
