Pepper prices today in the Central Highlands and the South increased slightly. Accordingly, pepper prices in Dak Lak and Dak Nong increased by VND 500 / kg to VND 41,000 / kg. For the whole region, pepper prices ranged from 40,000 to 42,000 VND / kg. In particular, pepper prices in Dong Nai province are the lowest and highest in Ba Ria – Vung Tau, according to tintaynguyen.com.
| Province / district (survey area) | Purchasing price Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 41,000 |
| GIA LAI | |
| – Chu Se | 40,000 |
| Dak Nong | |
| – Chiayi | 41,000 |
| BA RIA VUNG TAU | |
| – Text | 42,000 |
| BINH PHUOC | |
| – Text | 41,000 |
| DONG NAI | |
| – Text | 40,000 |
World black and white pepper prices tend to increase in some producing countries due to increased demand in the winter.
However, pepper price is forecast to hardly increase sharply due to oversupply pressure. The World Pepper Association estimates that global pepper production in 2019 will reach 592,000 tons, while demand is about 450,000 tons, so the price of pepper will continue to be low in the near future.
Update rubber prices
On TOCOM (Japan), the price of rubber delivered in January 2020 at 10:45 am on December 3 (local time) increased by 1.4% to 168.5 yen / kg.
According to the Thai Customs Department, in the first 10 months of 2019, rubber exports (HS code: 4001; 4002; 4003; 4005) of Thailand reached 3.92 million tons, worth 168.46 billion Baht (equivalent to 5.57 billion USD), down 11.1% in volume and 15% in value over the same period in 2018. China, Malaysia and Japan are the three main rubber export markets of Thailand.
Natural rubber (HS code 4001) is the main export rubber of Thailand in the first 10 months of 2019, reaching 2.64 million tons, worth 109.71 billion Baht (equivalent to 3.63 billion USD) , down 9.8% in volume and 11.8% in value over the same period in 2018.
China, Malaysia and the United States are the three main natural rubber export markets of Thailand.
In the first 10 months of 2019, Thailand's natural rubber exports to China reached 1.01 million tons, worth 42.23 billion Baht (equivalent to 1.39 billion USD), down 18.4% in volume and down 20% in value over the same period in 2018.
The structure of Thailand's natural rubber export market in the first 10 months of 2019 has many changes when the proportion of exports to China, Malaysia and India decreases, the proportion of exports to the United States, Japan and South Korea increases. .
Update coffee prices
Today's coffee price in the Central Highlands region continues to increase by VND 100 / kg on a large scale, ranging between VND 33,200 and VND 33,400 / kg. In particular, the price of coffee in Lam Dong province is the lowest and highest in Dak Lak, according to giacaphe.com.
Coffee prices at warehouses around the port of Ho Chi Minh City increased 4 USD to 1,512 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,512 | Subtract: +120 | |||
 Dak Lak |
33,400 | +100 | |||
| Lam Dong | 33,200 | +100 | |||
| Gia Lai | 33,300 | +100 | |||
| Dak Nong | 33,300 | +100 | |||
| pepper | 40,500 | 0 | |||
| USD / VND exchange rate | 23.120 | 0 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
The price of robusta coffee delivered in January 2020 increased by 0.2% to 1,391 USD / ton. The price of arabica coffee delivered in March 2020 increased 1.6% to 123.5 UScent / pound.
According to statistics from the International Trade Center (ITC), in May 10, 2019, Korea imported coffee from 72 countries and territories around the world.
In particular, Brazil is the largest source of coffee for South Korea with 27.6 thousand tons, worth 68.76 million USD, up 8.8% in volume, but down 4.3% in value compared to the May 10, 2018.
Brazil's market share in total Korean imports increased from 19.1% in the first 10 months of 2018, to 19.8% in the first 10 months of 2019.
Vietnam is the second largest source of coffee for Korea in the first 10 months of 2019, reaching 25.13 thousand tons, worth US $ 43.6 million, down 0.7% in volume and down 11.1% in value. compared to the first 10 months of 2018.
Vietnam's coffee market share in total Korean imports fell from 19% in the first 10 months of 2018, to 18.1% in the first 10 months of 2019. In the first 10 months of 2019, Korea's coffee imports from Ethiopia and the US increased by 17.8% and 20% in volume over the same period in 2018, reaching 10.3 thousand tons and 7.5 thousand tons respectively.
According to VietnamBiz
