Pepper prices Today, the whole Central Highlands has moved sideways, ranging 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 | 40,500 |
| GIA LAI | |
| – Chu Se | 39,000 |
| Dak Nong | |
| – Chiayi | 40,500 |
| BA RIA VUNG TAU | |
| – Text | 41,500 |
| BINH PHUOC | |
| – Text | 40,500 |
| DONG NAI | |
| – Text | 39,000 |
According to the Import and Export Department, in the first 20 days of September 2019, pepper prices on the world market continued to be low.
In Brazil, the price of black pepper for export has been stable at US $ 2,500 / tonne since June 14, 2019.
At Kuching port of Malaysia, on September 20, 2019, the prices of black and white pepper were stable at US $ 3,685 / ton and US $ 5,275 / ton.
At Lampung ASTA port of Indonesia, in the first 20 days of September 2019, black pepper prices fluctuated in a downward trend. Closing the trading session on September 20, 2019, Indonesia's export price of black pepper reached US $ 2,235 / ton, down 5.5% compared to September 10, 2019 and down 4.1% compared to 30 / 8/2019.
At Pangkal Pinang port, white pepper export price decreased by 2.3% compared to September 10, 2019 and by 1.9% compared to August 30, 2019, to US $ 3,952 / ton.
In Vietnam, in the first 20 days of September 2019, the price of black and white pepper exports fluctuated in a decreasing trend. For black pepper grade 500g / l and 550g / l, the export price decreased by 1.3% compared to September 10, 2019, 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, 2019, to US $ 3,350 / ton, compared to August 30, 2019 by 2%.
Update coffee prices
Coffee price Today, in the Central Highlands region, the price dropped sharply by VND 700 / kg to VND 31,600 – VND 32,500 / 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 39 USD / ton to 1,403 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,403 | Subtract: +150 | |||
 Dak Lak |
32,500 | -700 | |||
| Lam Dong | 31,600 | -700 | |||
| Gia Lai | 32,100 | -700 | |||
| Dak Nong | 32,200 | -700 | |||
| pepper | 40,000 | 0 | |||
| USD / VND exchange rate | 23.145 | 0 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
Price of robusta coffee delivered in November decreased 3.3% to 1,251 USD / ton. Price of arabica coffee delivered in December decreased 2.3% to US $ 96.7 / pound.
Follow Nikkei Asia ReviewVietnam's robusta output (the main ingredient in instant coffee) is expected to grow by 0.3% to 29.1 million bags in the 2019-2020 crop, according to the US Department of Agriculture. Each bag weighs 60 kg.
This number increased by 10% compared to 5 years ago.
Coffee production in India is also expected to increase 8.1% to 4 million bags, up nearly 5% compared to 5 years ago. Brazil, the second largest exporter of robusta coffee in the world, also forecasted this coffee production will increase by about 10% to 18.3 million bags.
As such, Vietnam and Brazil account for 40% and 25% of the Robusta volume worldwide.
Meanwhile, merchants said robusta coffee prices Brazil is the cheapest in the world.
Mr. Nobuaki Abe, Chairman of Singapore-based Ecom Asia, said that his company has recently received requests from customers about sending Robusta coffee samples from Brazil.
According to VietnamBiz
