Vietnam black peppercorns price today 17/5/2018
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Vietnam black peppercorns price today
Pepper prices today dropped VND700 / kg in Gia Lai, down VND1,000 / kg in Ba Ria – Vung Tau and Binh Phuoc. The price is still 59,000 VND / kg.
Pepper prices today dropped VND700 / kg in Gia Lai, down VND1,000 / kg in Ba Ria – Vung Tau and Binh Phuoc. The price is still 59,000 VND / kg.
Updating coffee prices today
Central Highlands coffee price today increased slightly from 200 to 300 VND / kg, fluctuating from 35,300 to 36,100 VND / kg. The price of coffee delivered at Sai Gon port also increased to $ 1,597 / ton (FOB price).
The companies raised prices of raw coffee after the recovery of two world coffee market yesterday. Prices for London coffee rose 0.52 percent to $ 1,737 a tonne, after falling to a one-month low in early trading this week.
“Price differences between contracts are more stable and not many are sold at current prices,” traders said. In Brazil, the largest coffee producer Espírito Santo says it has improved its irrigation system for coffee gardens. Farmers also increase their cash crops to restore agricultural land after the severe drought in the period 2015 – 2016.
Arabica coffee also rebounded slightly, with July contract closing at $ 1,173 a pound. Arabica coffee market was under pressure in the last few days as the real Brazilian currency weakened against the US dollar, but thanks to some investors are in position to sell and buy back, prices have recovered, traders said. .
Currently, investors are closely watching the weather in Brazil. It is forecast that the temperature in this country will gradually decrease. This is the time of the frosty phenomenon in Brazil.
Update rubber prices today
The two largest rubber slabs in Asia simultaneously increased in price today. In particular, the price of rubber delivered in October on TOCOM (Japan) is heading to 190 yen per kg, traded at 189.4 yen per kg at 10h06 this morning (Vietnam time). September-September rubber prices on the Shanghai board also rose slightly to 11,440 yuan per tonne.
In the domestic market, most SVR rubber contracts traded in June increased in 16th May.
However, in Singapore, the price of rubber delivered in June on SICOM continued to decrease 1.4 UScent to 138.9 UScent / kg.”Rubber futures prices are quite stable despite the market is still under pressure by high inventory. However, prices are still at historic lows. This situation will continue for some time, “said Peng Cheng, senior analyst at Everbright Futures.
On the street, raw sugar for July delivery rose 0.8 percent to 11.61 US cents per pound. The price of white sugar in August also increased slightly 0.03% to 322.50 USD / ton.
In the cocoa market, July contract on the New York and London exchanges recovered, gaining 2.1% and 1.3% respectively yesterday. Price increased mainly thanks to the investment funds buy in trend.
