Pepper prices Today, the whole Central Highlands region remained unchanged, ranging between VND 40,000 – VND 42,000 / kg, with the highest 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 | 40,000 |
| Dak Nong | |
| – Chiayi | 40,500 |
| BA RIA VUNG TAU | |
| – Text | 42,000 |
| BINH PHUOC | |
| – Text | 41,000 |
| DONG NAI | |
| – Text | 40,000 |
Currently, Vietnam's pepper production industry is facing many difficulties due to oversupply and low prices. The area of pepper cultivation has exceeded the planning, especially in inappropriate areas, the disease on pepper has not yet had effective control measures.
While the organization of production, preliminary processing and deep processing of pepper is still limited, it has not brought into full play its potential and advantages.
In the early days of October 2019, importers stepped up imports of Brazil pepper, causing the domestic price of pepper to decrease to its lowest level in recent years.
Domestic black pepper price was the lowest at 39,000 VND / kg in Chu Se and Dong Nai provinces, the highest was 41,500 VND / kg in Ba Ria – Vung Tau province. The price of white pepper at 63,000 VND / kg, down 3.1% compared to the end of September 2019 and down from 87,000 VND / kg of the same period in 2018.
Update coffee prices
Coffee price Today in the Central Highlands region increased by VND 100 / kg, ranging between VND 30,900 – 31,400 / kg. In particular, the highest coffee price recorded in Dak Lak, the lowest in Lam Dong, according to giacaphe.com.
Coffee prices around the port of Ho Chi Minh City increased 4 USD / ton to 1,373 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,373 | Subtract: +125 | |||
 Dak Lak |
31,400 | +100 | |||
| Lam Dong | 30,900 | +100 | |||
| Gia Lai | 31,100 | +100 | |||
| Dak Nong | 31,300 | +100 | |||
| pepper | 40,500 | 0 | |||
| USD / VND exchange rate | 23,150 | 0 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
Price of robusta coffee delivered in November increased 1% to 1,224 USD / ton. Price of arabica coffee delivered in December increased 3% to 95.7 UScent / pound.
Crop year 2018 – 2019, coffee output The global total is about 170 million bags, 10 million more than the consumption. In particular, Brazil has produced more than 60 million bags.
Decrease coffee price leading to a reduction in input materials, pesticides and other related farm costs, by page AllAfrica.
With 4 million bags the coffee Produced each year, Uganda is the second largest coffee producing country in Africa after Ethiopia. Here, coffee became the second source of foreign exchange after tourism.
According to Fred Luzinda, Chairman of the Uganda Coffee Federation, 4.6 million bags of 60 kg of coffee were exported in 2018, generating a turnover of $ 492 million.
The average export price reached US $ 1.84 / kg in 2018, lower than the US $ 1.95 / kg in 2017. This has negatively affected exporters.
Like Ethiopia and Brazil, Uganda is a country where half of the coffee produced is consumed domestically. The country's coffee producers are planning a multi-dimensional approach to boosting domestic consumption and production.
According to VietnamBiz
