Pepper prices Today, the Central Highlands has moved sideways, ranging between VND 39,000 – VND 42,000 / kg, the highest of which is 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 | 40,000 |
| DONG NAI | |
| – Text | 39,000 |
According to the Ministry of Agriculture and Rural Development, Ms. Hoang Thi Lien, representative of the World Pepper Association, said that Vietnam is a country with advantages in pepper production.
However, recently, many other countries are “rising” so our market share of this group in the world market is declining.
Vietnam needs to have appropriate development, farmers need to produce according to clean criteria to conquer difficult markets like the EU and other countries.
Binh Phuoc representative said the province had favorable conditions for agricultural development. Currently, pepper is identified as one of the three main crops of the province after rubber and cashew. This province currently has about 17 thousand hectares of pepper and has exceeded the plan.
“Recently, the 3 main trees are difficult because the price is deep, lasting for many years. Pepper is very difficult in price, spontaneous production, large capital, pests, few workers. Currently, it is linked with a Dutch enterprise with about 2 thousand hectares.
We guide people to change production models to fit the market, build production and consumption links.
Farmers have difficulty with short-term bank debt, so farmers are forced to sell pepper at any price to pay debts. This has led to many households falling into bankruptcy, ”said a representative of Binh Phuoc province.
Update coffee prices
Coffee price Today in the Central Highlands region increased by VND 200 / 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 11 USD / ton to 1,375 USD / ton
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,375 | Subtract: +125 | |||
 Dak Lak |
31,400 | +200 | |||
| Lam Dong | 30,900 | +200 | |||
| Gia Lai | 31,100 | +200 | |||
| Dak Nong | 31,300 | +200 | |||
| pepper | 40,500 | 0 | |||
| USD / VND exchange rate | 23.145 | 0 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
Price of robusta coffee delivered in November increased 1.2% to 1,222 USD / ton. Price of arabica coffee delivered in December decreased 1.6% to 96.2 UScent / pound.
According to statistics from the International Trade Center (ITC), French coffee imports in the first 7 months of 2019 reached 245,132 tons, valued at US $ 1,534 billion, up 7.6% in volume, but down 5, 9% in value compared to the first 7 months of 2018.
The structure of categories of imported coffee of France in the first 7 months of 2019 was stable compared to the same period in 2018.
In particular, France imported mainly types of roasted, decaffeinated coffee (HS code 090121), reaching US $ 1.101 billion, accounting for 71.8% of the total import value in the first 7 months of 2019, down 5.9% compared to the same period in 2018.
Import of un-roasted and decaffeinated coffee reached US $ 325.9 million, down 7.1% over the same period in 2018, accounting for 21.2% of the total import value.
In the first 7 months of 2019, France increased import of un-roasted and decaffeinated coffee (HS code 090112), up 47.6% compared to the first 7 months of 2018, reaching US $ 5.88 million.
The average import price of French coffee in the first 7 months of 2019 reached US $ 6,259 / ton, down 12.5% compared to the first 7 months of 2018.
In particular, the average import price of French coffee from some sources as low as Vietnam reached 1,719 USD / ton, down 15.2%.
The main reason is due to the fact that France mainly imports from Vietnam the unroasted and decaffeinated coffee (HS code 090111).
In contrast, the price of French coffee imported from EU sources reached as high as: Switzerland reached 15,085 USD / ton; Germany 7,304 USD / ton; Italy reached 6,426 USD / ton; Netherlands reached 5,795 USD / ton; Belgium reached 3,837 USD / ton.
According to VietnamBiz
