Pepper prices Today, the Central Highlands has lost VND 500 / kg in Dak Lak and Dak Nong. The remaining provinces recorded flat prices.
Nationally, pepper prices fluctuated between VND 38,500 and VND 41,500 / kg. In particular, pepper prices in Dong Nai province are the lowest and highest in Ba Ria – Vung Tau.
| Province / district (survey area) | Purchasing 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 | |
| – Text | 41,500 |
| BINH PHUOC | |
| – Text | 40,500 |
| DONG NAI | |
| – Text | 38,500 |
Turkey is a country importing a lot of pepper from major producing countries. In particular, Vietnam, Brazil and Indonesia are the three largest sources of Turkish pepper.
In the last 5 years, Turkey's import value of pepper has been on an upward trend with an average growth rate of 8.8% / year, in which the average growth rate of pepper import value from Vietnam reached 3.8% / year (according to ITC).
Pepper exports of this country are also on the trend of rapid growth recently. In the first 7 months of 2019 alone, Turkish pepper exports to major markets, including Germany, England, Netherlands, USA and Iraq increased by 51%, 4%, 72%, 943% and 495 respectively. % compared to the same period in 2018.
Update coffee prices
Coffee price Today in the Central Highlands region continued to increase 400 VND / kg to 33,000 – 33,700 VND / kg. In particular, the price of coffee in Lam Dong province is the lowest and highest in Kon Tum provinces, according to tintaynguyen.com.
Coffee price delivered to Ho Chi Minh City port increased by VND 400 / kg to VND 34,900 / kg.
| Province / district (survey area) | Purchasing price Unit: VND / kg |
|---|---|
| Lam Dong | |
| – Bao Loc (Robusta) | 33,100 |
| – Di Linh (Robusta) | 33,000 |
| – Lam Ha (Robusta) | 33,000 |
| DAK LAK | |
| – Residential M’gar (Robusta) | 33,700 |
| – Ea H’leo (Robusta) | 33,500 |
| – Buon Ho (Robusta) | 33,500 |
| GIA LAI | |
| – Ia Grai (Robusta) | 33,400 |
| Dak Nong | |
| – Chiayi (Robusta) | 33,400 |
| KON TUM | |
| – Dak Ha (Robusta) | 33,700 |
| HO CHI MINH | |
| – R1 | 34,900 |
Robusta coffee prices delivered in January 1/2020 increased 2% to 1,379 USD / ton. Price of arabica coffee delivered in December increased 1.2% to 113 UScent / pound.
In October 2019, world coffee prices fluctuated sharply. Compared to the previous month, the price of Robusta coffee delivered in November 2019 London market decreased 108 USD / ton to 1,212 USD / ton.
The price of coffee fell due to the current global supply of coffee, combined with a slowing world economy and widespread trade tensions.
Domestic coffee market fluctuated sharply with the world market trend. Compared to September 2019, the price of Robusta coffee in the Central Highlands provinces decreased from VND 1,900 -2,300 / kg to VND 30,800 – 31,300 / kg.
Robusta coffee price (FOB Saigon port) decreased by 104 USD / ton to 1,366 USD / ton.
Coffee exports in October 2019 were estimated at 87 thousand tons, valued at US $ 158 million, bringing the volume of coffee exports in the first 10 months of 2019 estimated at 1.35 million tons and US $ 2.33 billion, down 14, 6% in volume and down 22.3% in value over the same period in 2018.
Germany and the US continue to be the two largest coffee consuming markets of Vietnam in the first 9 months of 2019 with market share of 13.3% and 8.6% respectively.
