Pepper prices Today, the Central Highlands has moved sideways, ranging between VND 39,000 – VND 42,000 / kg, the highest of which is in Ba Ria – Vung Tau and the 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 | 39,000 |
| Dak Nong | |
| – Chiayi | 40,500 |
| BA RIA VUNG TAU | |
| – Text | 42,000 |
| BINH PHUOC | |
| – Text | 41,000 |
| DONG NAI | |
| – Text | 39,000 |
According to statistics from the General Department of Customs, in September 2019, the export of pepper reached 15 thousand tons, worth US $ 37.08 million, down 20.3% in volume and 20.1% in value compared to the In August 2019, compared to September 2018, it decreased by 13.9% in volume and by 26.8% in value.
In the first 9 months of 2019, export of pepper reached 233.4 thousand tons, worth US $ 593.41 million, up 21.1% in volume, but down 6.4% in value compared to the first 9 months. 2018.
In September 2019, the average export price of pepper reached $ 2,464 / ton, up 0.2% compared to August 2019, but down 15% compared to September 2018.
In the first 9 months of 2019, the average export price of pepper reached 2,542.4 USD / ton, down 22.7% compared to the first 9 months of 2018.
In September 2019, pepper exports to many markets increased compared to September 2018, such as the United States, Germany, the United Arab Emirates, the Netherlands, Egypt, and Thailand; while exports to India, Pakistan, Philippines and Russia decreased.
Generally for the first 9 months of 2019, pepper exports to most markets increased in volume, but decreased in value.
Update coffee prices
Coffee price Today in the Central Highlands region across most provinces increased by 500 VND / kg ranged from 31,300 to 31,700 VND / kg. In particular, the highest coffee prices recorded in Dak Lak and Dak Nong, the lowest in Lam Dong, according to giacaphe.com.
Coffee prices around the port of Ho Chi Minh City surged 152 USD / ton to 1,402 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,402 | Subtract: +125 | |||
| Dak Lak | 31,700 | +500 | |||
| Lam Dong | 31,300 | +500 | |||
| Gia Lai | 31,700 | +500 | |||
| Dak Nong | 31,700 | +500 | |||
| pepper | 40,500 | 0 | |||
| USD / VND exchange rate | 23.145 | 0 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
Price of robusta coffee delivered in November increased 2.5% to 1,251 USD / ton. Price of arabica coffee delivered in December increased 1.1% to 100.6 UScent / pound.
Export the coffee Ethiopia to the Chinese market is still very low compared to exports to other countries and regions, according to Xinhuanet.
Therefore, in addition to traditional markets, mainly Europe, the US and some Middle East countries, Ethiopia is currently focusing on the Chinese market to export organic coffee.
China imported about 4,000 tons of Ethiopian coffee last year while coffee imports from Ethiopia of the world's second largest economy showed an annual growth of about 16%, according to the Exporters Association. Ethiopian coffee exports.
As Ethiopian exporters were previously focused on traditional markets, the Ethiopian Coffee and Tea Development and Market Promotion Director, Tatek Girma emphasized the need to create opportunities for consumption. Consumption of coffee is increasing in China.
Ethiopia's Coffee and Tea Authority (ECTA) also encourages and provides support to exporters to promote Ethiopian coffee exports to China and other foreign markets.
