Pepper prices today (July 16) range from 67,000 to 70,000 VND/kg. Last week, the pepper market tended to move sideways, only recording a slight decrease of 500 dong/kg on Thursday (July 13).
Update domestic pepper prices
Pepper price This week was generally stable in the domestic market. However, on Thursday (July 13), the purchasing price in key provinces decreased by 500 VND/kg.
According to the survey, the lowest price is 67,000 VND/kg in Gia Lai province and slightly higher is Dong Nai at 67,500 VND/kg.
Also recording the price of 68,000 VND/kg at the weekend are the two provinces of Dak Lak and Dak Nong.
The purchasing price of pepper in Binh Phuoc and Ba Ria – Vung Tau reached 69,000 VND/kg and 70,000 VND/kg, respectively.
Price volatility in the past week. Unit: VND/kg. Synthetic: Peaceful
Update pepper information
According to the latest report of Import and Export Department (Ministry of Industry and Trade)In June 2023, the price of black pepper in the domestic market decreased sharply compared to the end of May 2023 due to reduced demand from China.
Information from the Vietnam Pepper Association, the continuous purchase from the beginning of the year until now (reaching nearly 50,000 tons) shows that the reserves may have been bought by China nearly enough, so they do not need to buy more. much.
Besides, the EU’s decision not to import for agricultural products grown on land from deforestation also negatively affected pepper prices.
The survey on June 28 showed that the price of black pepper decreased from 2,500 to 3,500 VND/kg (depending on the surveyed area) compared to May 29.
Specifically, in the provinces of Dong Nai and Ba Ria – Vung Tau, the price of black pepper decreased by 2,500 VND/kg, to 69,000 – 71,500 VND/kg.
At the same time, in Gia Lai and Binh Phuoc provinces, the price decreased by 3,000 VND/kg, to 68,500 – 70,500 VND/kg.
Similarly, in Dak Lak and Dak Nong provinces, the price decreased by 3,500 VND/kg to 69,500 VND/kg.
Besides, the price of white pepper is currently recorded at 103,000 VND/kg, down 3,000 VND/kg compared to the end of May 2023 and lower than 109,000 VND/kg in the same period last year.
According to VietnamBiz.vn
