Vietnam Week (June 1-6) Agricultural prices: Coffee prices have plummeted

Rice prices in the Kowloon Delta remained stable last week (from June 1 to 6) compared with the previous week.
rebounded in the West Plains region, but pepper prices fell sharply.
According to the Coffee Practitioners Forum, the price of coffee kernels at key coffee growing bases in the Western Plains region rebounded to between 318,000 and 322,000 rupiah/kg, an increase of 1,000 to 1.2 thousand dong/kg over the previous week.
the first five months of 2020, coffee exports reached 807,000 tons, generating US$136,000 in foreign exchange, with exports and exports up nearly 4% and more than 2% year-on-year, respectively.
, the United States and Italy continued to be the biggest sales markets for Vietnamese coffee in the previous months.
first few months of this year, Vietnamese farmers were suffering from extreme factors such as weather and drought, which in the long run would cause coffee tree failure and production to decline.
agricultural processing and market development bureau expects that in the future, with the trend of the world market, domestic coffee prices will remain stable momentum.
Regarding the price of pepper, after reaching 60,000 rupiah/kg the previous week, the price of pepper at key pepper cultivation bases in the Western Plains region fell to between 50,000 and 525,000 dong/kg last week.
May, pepper exports reached 146,000 tonnes, generating $307m in foreign exchange, equivalent to the same period last year, but exports fell 18.5 per cent year-on-year.
agricultural processing and market development bureau concluded that some countries in the world, especially China pepper import demand surge, to promote the rebound in pepper prices.
, rice exports reached 789,000 tons, generating 415 million dong, and rice exports in the first five months amounted to nearly 2.9 million tons, generating $1.41 billion in foreign exchange, with exports and exports increasing by 5% and nearly 19% year-on-year, respectively.
Philippines is Vietnam's largest rice export market, with a market share of 40%.
rice imports have soared in markets such as China and Indonesia.
the first four months of this year, rice export prices averaged $470.2 per tonne, up 10% year-on-year.
in the first four months of this year, white rice exports accounted for 42.7 per cent of total rice exports; jasmine rice and rice accounted for 35.2 per cent; rice accounted for 16.5 per cent; and Japanese rice accounted for 5.4 per cent.
main export markets for Vietnam's white rice are the Philippines, Malaysia and Ghana.
largest export market for jasmine rice and rice is the Philippines.
the Anjiang Provincial Agriculture and Rural Development Agency, the purchase price of rice is between 55,000 and 78,000 dong/kg.
price of ordinary rice in Anjiang Province is between 11,000 and 115,000 dong/kg.
on the international market, Vietnamese rice prices hit an eight-year high in the Asian rice market.
June 4, Vietnam's 5 percent crush rate of rice was $475 per kilogram, the highest since 2012.
week, rice was priced at $450-460 per kilogram.
india's 5 per cent crush rate rice export price fell to $368-373/kg, while Thailand's 5 per cent crush rate rice price was $490-512/kg.
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