Pepper prices today in the Central Highlands and the South remained unchanged, ranging between VND 39,000 and VND 41,500 / kg.
| The provincial
/ district (survey area) |
Purchase price
Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 40,000 |
| GIA LAI | |
| – Chu Se | 39,000 |
| Dak Nong | |
| – Chiayi | 40,000 |
| BA RIA VUNG TAU | |
| – Average price | 41,500 |
| BINH PHUOC | |
| – Average price | 40,500 |
| DONG NAI | |
| – Average price | 39,000 |
According to statistics from the General Department of Customs, pepper exports in 2019 reached 283.8 thousand tons, worth US $ 714.14 million, up 21.9% in volume, but down 5.9% in value compared to with 2018.
In December alone, pepper exports reached 16.6 thousand tons, worth US $ 40.1 million, down 2.4% in volume, but up 0.2% in value compared to November 2019, Compared to December, 2018 increased by 32.2% in volume, but down 1.1% in value.
In 2019, the average export price of pepper reached US $ 2,516 / ton, down 22.8% compared to 2018. In December 2019, the average export price of pepper reached US $ 2,416 / ton, up 2 , 7% compared to November 2019, but down 25.2% compared to December 2018.
Update coffee prices
Coffee prices today in the Central Highlands region turned down 100 VND / kg. For the whole region, the price of coffee fluctuates in the range of 31,000 – 31,500 VND / 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 decreased 1 USD / ton to 1,407 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,407 | Subtract: +80 | |||
| Dak Lak | 31,500 | -100 | |||
| Lam Dong | 31,000 | -100 | |||
| Gia Lai | 31,300 | -100 | |||
| Dak Nong | 31,300 | -100 | |||
| pepper | 40,000 | 0 | |||
| USD / VND exchange rate | 23.105 | 0 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
The price of robusta coffee delivered in March 2020 increased by 0.2% to 1,331 USD / ton. Arabica coffee prices fell 1.18% to 105.3 USCent / pound.
The International Coffee Organization (ICO) estimates Vietnam's coffee production will decrease by 1.3% to 30 million bags due to adverse weather conditions affecting output in the 2018-2019 crop (from October / 2018 to September 2019).
This is equivalent to an estimate from the US Department of Agriculture of 30.4 million bags. In the 2019-2020 crop (from October 2019 to September 2020), ICO forecasts Vietnam's coffee output will increase 4.4% to 31.2 million bags.
According to the Import and Export Department, as of the end of December 2019, the harvest of robusta coffee in Vietnam is in the final stage. Most coffee farmers complete their harvest before the Christmas and New Year holidays.
The US Department of Agriculture (USDA) forecasts Vietnam's coffee output at a record 32.2 million bags, an increase of 1.8 million from the previous year due to continued expansion of planting area as well as favorable weather to help increase. productivity.
In the first 4 months of 2019, the main coffee growing areas in the Central Highlands experienced dry and sunny weather. The rainy season comes later than every year but is stable in July and August, supporting flowering and fruiting.
According to VietnamBiz
