Pepper prices today throughout the Central Highlands and the South increased by 500 – 1,000 VND / kg, ranging between 37,500 – 40,000 VND / kg. In particular, the highest pepper price recorded in Ba Ria – Vung Tau and the lowest in Gia Lai, Dong Nai, according to tintaynguyen.com.
The common increase is 500 VND / kg in most provinces. Only Gia Lai province recorded an increase of VND 1,000 / kg to VND 38,000 / kg.
| The provincial
/ district (survey area) |
Purchase price
Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 38,500 |
| GIA LAI | |
| – Chu Se | 38,000 |
| Dak Nong | |
| – Chiayi | 38,500 |
| BA RIA VUNG TAU | |
| – Average price | 40,000 |
| BINH PHUOC | |
| – Average price | 39,000 |
| DONG NAI | |
| – Average price | 37,500 |
Brazil is the second largest pepper producer in the world in 2019, producing 67,000 tons, of which 64,000 tons of black pepper and 3,000 tons of white pepper.
Compared to 2018, Brazil's pepper production in 2019 decreased. The reason is that some of the country's pepper gardens are old, while the new areas planted with white pepper have not been harvested. Indonesia is the world's third largest pepper producer in 2019, with an output of 65,000 tons.
In particular, black pepper production reached 25,000 tons, white pepper reached 40,000 tons. In 2019, Indonesia's pepper production decreased compared to 2018 because many pepper growing gardens in the main growing area did not invest and care when the price dropped.
In addition, India's pepper production also decreased compared to 2018 due to production in many farms in the state of Kerala seriously affected by floods which took place in August 2019. Fungal diseases that damage pepper plants also affect crop yields.
Update coffee prices
The price of coffee today in the Central Highlands region continued to increase sharply by VND 700 / kg on a large scale. For the whole region, the price of coffee fluctuated between 32,0 00 and 32,500 VND / kg. In particular, the price of coffee in Lam Dong province is the lowest and highest in Kon Tum according to tintaynguyen.com.
Coffee price at warehouses around Ho Chi Minh City port increased by VND 700 / kg to VND 33,800 / kg.
| The provincial
/ district (survey area) |
Purchase price
VND / kg |
|---|---|
| Lam Dong | |
| – Lam Ha ROBUSTA | 32,000 |
| – Bao Loc ROBUSTA | 32,000 |
| – Di Linh ROBUSTA | 31,900 |
| DAK LAK | |
| – Residential M’gar ROBUSTA | 32,500 |
| – Ea H’leo ROBUSTA | 32,300 |
| – Buon Ho ROBUSTA | 32,300 |
| GIA LAI | |
| – Pleiku ROBUSTA | 32,300 |
| – Chu Prong ROBUSTA | 32,200 |
| – Ia Grai ROBUSTA | 32,300 |
| Dak Nong | |
| – Chiayi ROBUSTA | 32,300 |
| – Dak R’lap ROBUSTA | 32,200 |
| KON TUM | |
| – Dak Ha ROBUSTA | 32,500 |
| HO CHI MINH | |
| – R1 | 33,800 |
The price of robusta coffee delivered in May 2020 increased by 3% to 1,332 USD / ton. The price of arabica coffee delivered in March 2020 increased 4.8% to 120.5 UScent / pound.
According to Channelnewsasia (CNA), many experts said that coffee farmers are now the most vulnerable group and, finally, the impact of climate change will spread to consumers.
Across Asia, coffee farmers are facing the most severe farming conditions ever. Even so, the worse scenario is about to happen.
In Vietnam, Asia's largest coffee producer, there are fewer and fewer areas suitable for coffee farming, and water shortage will become more common.
In Indonesia, coffee production has declined and quality is expected to go down in the next few years.
According to VietnamBiz
