Pepper prices Today, in the Central Highlands region, it has fluctuated between VND 39,000 and VND 42,500 / kg. In particular, the lowest pepper prices in Dong Nai and Gia Lai, the highest in Ba Ria – Vung Tau.
| Province / district (survey area) | Purchasing price Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 41,500 |
| GIA LAI | |
| – Chu Se | 39,000 |
| Dak Nong | |
| – Chiayi | 41,500 |
| BA RIA VUNG TAU | |
| – Text | 42,500 |
| BINH PHUOC | |
| – Text | 41,500 |
| DONG NAI | |
| – Text | 39,000 |
In the first 20 days of September, prices of black and white pepper exports fluctuated in a downward trend. For black pepper grade 500g / l and 550g / l, the export price decreased by 1.3% compared to September 10, to US $ 2,200 / ton and US $ 2,265 / ton, compared to August 30, 2019. decreased by 3.1% and 3.0% respectively.
Export price of white pepper decreased by 0.9% compared to September 10, to US $ 3,350 / ton, compared with August 30, 2019, down 2.0%.
Global pepper market continues to face oversupply pressure. According to the International Pepper Association (IPC), the world demand for pepper is about 510,000 tons / year and the average growth rate of 2-3% / year, while production increases 8-10% / year.
World pepper production in 2018 will reach 557,000 tons and is expected to reach 602,000 tons in 2019. It is forecasted that by 2050, world pepper production will increase to 1 million tons and demand will increase, but not yet. with respect to supply. Therefore, it will be hard for pepper prices to recover strongly due to excess supply.
Update coffee prices
Coffee price Today, in almost all provinces in the Central Highlands region, it has fluctuated between VND 32,700 and VND 33,600 / kg. In particular, the highest coffee price recorded in Kon Tum, the lowest in Lam Dong, according to tintaynguyen.com.
Coffee prices around the port of Ho Chi Minh City decreased 1 USD / ton to 1,470 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,471 | Subtract: +150 | |||
 Dak Lak |
33,600 | 0 | |||
| Lam Dong | 32,700 | 0 | |||
| Gia Lai | 33,200 | 0 | |||
| Dak Nong | 33,300 | 0 | |||
| pepper | 41,000 | 0 | |||
| USD / VND exchange rate | 23.140 | 0 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
Robusta coffee delivered in November decreased by 0.15% to 1,319 USD / ton. The price of arabica coffee delivered in December decreased by 0.2% to 100.6 UScent / pound.
Farmers said the production the coffee Decreasing in some areas in the Gulmi and Palpa districts, west of Nepal recently.
The decline is largely due to migration and the lack of a supportive environment in remote areas.
Coffee produced in the Palpa and Gulmi counties is even exported abroad. About 1 ton of coffee has been exported to Korea through the Gulmi Coffee Cooperative in the 2018-2019 season.
In the 2018-2019 crop, Palpa County produced and sold 16.6 tons of coffee husks and 3.3 tons of dried cherries in the domestic markets. Similarly, Gulmi County also produces and sells 1.5 tons of coffee husks and 7 tons of dried cherry coffee.
During the 2017-2018 season, Gulmi County sold 7 tons of coffee husks and 1.5 tons of dried cherry coffee.
Despite difficulties in production, the coffee market is still attractive to consumers. “The market has never been a problem for us,” said Iman Singh Kunwar, a coffee producer.
According to VietnamBiz
