Pepper prices today in the Central Highlands and the South continued to move sideways in the range of 39,000 – 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 |
About 120 tons of Kampot pepper – which has been granted Geographical Indications (GI) from the EU in 2016 – was harvested in 2019 but production is traditionally sold through the Kampot Pepper Promotion Association. half.
Nguon Lay, Chairman of the Kampot Pepper Promotion Association, said that by the end of December 2019, the Association had sold about 50 tons of pepper, lower than the 68 tons in 2018, according to the Khmer Times on 3 / first.
“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.
Update coffee prices
Coffee prices today in the Central Highlands region increased by VND 200 / kg. For the whole region, the price of coffee ranged from 31,600 to 32,300 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 increased by 10 USD / ton to 1,432 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,432 | Subtract: +70 | |||
| Dak Lak | 32,300 | +200 | |||
| Lam Dong | 31,600 | +200 | |||
| Gia Lai | 32,000 | +200 | |||
| Dak Nong | 32,000 | +200 | |||
| pepper | 40,000 | 0 | |||
| USD / VND exchange rate | 23,110 | 0 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
The price of robusta coffee delivered in March 2020 increased by 1% to 1,365 USD / ton. The price of arabica coffee delivered in March 2020 increased by 0.7% to 123 UScent / pound.
According to the World Coffee Organization, global coffee prices have fallen due to increased selling pressure on new crop. Harvesting of new crop Robusta coffee in Vietnam is in the final stage. The majority of coffee farmers will finish harvesting before the Christmas and New Year holidays.
Global coffee exports in October 2019 reached 8.91 million bags, the lowest level since September 2017, down 13.4% compared to October 2018 and down 2.4% compared to October / 2017.
In particular, exports of robusta and arabica coffee dropped to 2.82 million bags and 6.08 million bags. The US Department of Agriculture (USDA) reported a lower than expected global production of Robusta coffee in the 2018/19 crop of 13.9 million bags due to unfavorable weather conditions and a export of 13.5 million bags.
In the short term, it is likely that global coffee prices will recover due to oversupply pressure and reduced inventories
According to a report of the Brazilian Coffee Association (CECAFE), the country's coffee exports in the 2018/19 crop (from October 2018 to September 2019) recorded a record high of 41.42 million bags. , higher than 39.72 million bags of 2017/18 crop year.
In particular, exports of Arabica and Robusta coffee are estimated at 37.38 million bags, instant coffee reaches 4.02 million bags.
According to VietnamBiz
