Pepper prices Today is moving across the Central Highlands and the South. For the whole region, pepper prices ranged from 40,500 to 43,500 VND / kg, of which the lowest was in Dong Nai and the highest was in Ba Ria – Vung Tau.
| Province / district (survey area) | Purchasing price Unit: VND / kg |
|---|---|
| DAK LAK | |
| – Ea H’leo | 42,500 |
| GIA LAI | |
| – Chu Se | 40,500 |
| Dak Nong | |
| – Chiayi | 42,500 |
| BA RIA VUNG TAU | |
| – Text | 43,500 |
| BINH PHUOC | |
| – Text | 42,500 |
| DONG NAI | |
| – Text | 40,000 |
According to the International Pepper Association (IPC), the world demand for pepper is about 510,000 tons / year and the average annual increase of 2-3%, while production increased by 8-10%.
World pepper production in 2018 will reach 557,000 tons and is expected to reach 602,000 tons in 2019. It is forecasted that by 2050, world pepper production will increase to 1 million tons and consumer demand will increase, but not yet. with respect to supply.
Therefore, it will be hard for pepper prices to recover strongly due to excess supply.
In the near future, Brazil is preparing to enter the main pepper harvest with 80% of good quality sold on the world market to reach the organic standard.
Update coffee prices
Coffee price Today, in most provinces in the Central Highlands region, the price has decreased by VND 300 / kg, ranging from VND 32,500 to VND 33,400 / kg. In particular, the highest coffee price recorded in Dak Lak, the lowest in Lam Dong, according to giacaphe.com.
Coffee price around Ho Chi Minh City port decreased by 15 USD to 1,473 USD / ton.
Domestic coffee prices
| TT human bucket | Average price | Change | |||
|---|---|---|---|---|---|
| FOB (HCM) | 1,473 | Backward: +160 | |||
 Dak Lak |
33,400 | -300 | |||
| Lam Dong | 32,500 | -300 | |||
| Gia Lai | 33,100 | -300 | |||
| Dak Nong | 33,100 | -300 | |||
| pepper | 42,000 | 0 | |||
| USD / VND exchange rate | 23,180 | +20 | |||
| Calculation unit: VND / kg | FOB: USD ($) / ton | |||||
Price of robusta coffee delivered in November decreased 1.3% to 1,310 USD / ton. The price of arabica coffee delivered in December decreased 4% to 100.4 UScent / pound.
In Indonesia, coffee crop output this year reached about 11.5 million bags, domestic consumption grew at a double-digit rate, so exports decreased gradually in recent years, according to the Import and Export Department.
According to the Uganda Coffee Development Agency (UCDA), the country's coffee exports in July reached 463,709 bags, an increase of 70,707 bags (up 18%) compared to July 2018.
However, accumulated coffee exports of Uganda in the first 10 months of the coffee year 2018/2019 reached 3,600,827 bags, down 59,481 bags (down 1.62%) compared to the same period of 2017/2018.
According to the National Federation of Colombian Coffee Growers (FNC), the country's coffee production reached about 13.95 million bags in the 2018-2019 crop, an increase of 1% compared to the 2017/2018 crop.
In the first 9 months of the 2018/2019 crop year, Colombia's coffee production reached 10.34 million bags, down 1.1% compared to the same period in 2017/2018. Colombia's coffee exports reached 10.17 million bags, an increase of 7% over the same period in 2018. In particular, instant coffee exports have grown steadily in recent years.
According to VietnamBiz
