Pepper prices Today, the Central Highlands has moved sideways, ranging between VND 40,000 – VND 42,000 / kg, with the highest in Ba Ria – Vung Tau and lowest in Gia Lai and Dong Nai.
| Province / district (survey area) | Purchasing price Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 40,500 |
| GIA LAI | |
| – Chu Se | 40,000 |
| Dak Nong | |
| – Chiayi | 40,500 |
| BA RIA VUNG TAU | |
| – Text | 42,000 |
| BINH PHUOC | |
| – Text | 41,000 |
| DONG NAI | |
| – Text | 39,000 |
According to the Ministry of Agriculture and Rural Development, one of the causes threatening the sustainable development of pepper is the disease factor and the breeding activities are still limited.
In particular, pepper died quickly, yellow wilt, curly leaves, anthracnose or viral diseases, root nematodes are widespread and causing serious damage to production.
Research on, selection of new varieties, production of disease-free pepper, selection and recognition of best clones and cashew orchards have not been paid attention to by the provinces.
Currently, the US market and EU countries strictly control the chemical residues on pepper so the export of this agricultural product faces many challenges.
Basically, Vietnam's pepper industry is running after productivity, ignoring quality and food safety, thus failing to meet importers' requirements. Processing technology is mainly raw, few processing facilities have modern technology, so the value is not high.
Update coffee prices
Coffee price Today in the Central Highlands region decreased by VND 100 / kg, ranging between VND 30,700 – VND 31,200 / kg. In particular, the highest coffee price recorded in Dak Lak, the lowest in Lam Dong, according to giacaphe.com.
Coffee prices around Ho Chi Minh City port decreased 4 USD / ton to 1,366 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,373 | Subtract: +125 | |||
| Dak Lak | 31,400 | +100 | |||
| Lam Dong | 30,900 | +100 | |||
| Gia Lai | 31,100 | +100 | |||
| Dak Nong | 31,300 | +100 | |||
| pepper | 40,500 | 0 | |||
| USD / VND exchange rate | 23,150 | 0 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
Price of robusta coffee delivered in November decreased by 0.2% to 1,210 USD / ton. Price of arabica coffee delivered in December decreased 1.6% to 96.2 UScent / pound.
According to the World Coffee Organization (ICO), it is estimated that global coffee production in the 2018/19 crop increased by 3.7% to 168.87 million bags. Production increased in all regions except Mexico and Central America. South America's coffee production is estimated to increase by 4.8% from the previous crop, to 80.95 million bags in the 2018/19 crop.
Output in Asia and Oceania increased by 4.6% to 48.46 million bags; production in Africa increased by 1.9% to 17.99 million bags. Coffee reserves in some major markets like the US continue to rise.
According to the Green Coffee Association, as of the end of September 2019, total coffee inventories across the US increased by 127,925 bags (60 kg bags) compared to the end of August 2019, to 7.4 million bags.
According to the US Department of Agriculture, Vietnam's robusta output (the main raw material in instant coffee production) is expected to grow by 0.3% to 29.1 million bags (60 kg) in the season. 2019/20, up 10% over the previous 5 years.
Coffee production in India is also expected to increase by 8.1% compared to the 2018/19 crop to 4 million bags in the 2019/20 crop, an increase of nearly 5% compared to the previous 5 years; Brazil's coffee output is also forecast to increase by about 10% to 18.3 million bags. Vietnam and Brazil account for 40% and 25% of the Robusta production worldwide.
