Pepper prices today (March 26) fluctuated in the range of 63,500 – 66,000 VND/kg. Last week, the pepper market tended to stabilize, then fell slightly on weekends. Compared to the beginning of the week, some key provinces recorded a decrease of 500 VND/kg.
Update domestic pepper prices
Pepper price This week, it continued to move sideways, especially on Thursday (March 23), the purchasing price in some key provinces in the domestic market decreased slightly by 500 VND/kg.
According to the survey, the lowest price currently at 63,500 VND/kg was recorded in Gia Lai province, down 500 VND/kg. Next is Dong Nai province with the price of 64,000 VND/kg.
After the same reduction of 500 VND/kg, the purchasing price of pepper in the two provinces of Dak Lak and Dak Nong is currently maintained at 64,500 VND/kg.
Similarly, in Ba Ria – Vung Tau, pepper price also reduced by 500 VND/kg to 66,000 VND/kg respectively.
Meanwhile, Binh Phuoc continued to be stable with the price of 65,500 VND/kg.
Price volatility in the past week. Unit: VND/kg. Synthetic: Peaceful
Update pepper information
According to the latest report of Export Department Import (Ministry of Industry and Trade)in the first 17 days of March 2023, the price of pepper export in the Vietnamese market remained stable, while the export prices of Indonesia and Brazil decreased.
Specifically as follows, surveyed on March 17 at Lampung ASTA port of Indonesia, the export price of black pepper decreased by 103 USD/ton compared to 28/2, to 3,497 USD/ton. Similarly, the export price of white pepper also decreased by 49 USD/ton compared to February 28, to 6,021 USD/ton.
At the same time of the survey, in Brazil, the export price of black pepper decreased by USD 50/ton compared to February 28, 2023, to USD 2,950/ton.
Meanwhile, at the port area of Ho Chi Minh City of Vietnam, the export price of black pepper 500 g/l and 550 g/l on March 17 remained stable compared to February 28, recorded at the port of Ho Chi Minh City. received at 3,325 USD/ton and 3,375 USD/ton. In addition, the export price of white pepper was also stable compared to February 28, at $4,880/ton.
According to VietnamBiz.vn
