Pepper prices today (January 30) are moving sideways in the range of 80,000 – 83,000 VND/kg.
Domestic pepper prices
According to the survey, pepper price maintained stable in the range of 80,000 – 83,000 VND/kg in the domestic market.
Specifically, the current lowest price is 80,000 VND/kg recorded in Dong Nai and Gia Lai provinces.
In In Ba Ria – Vung Tau and Binh Phuoc, pepper was purchased at prices of 82,000 VND/kg and 82,500 VND/kg, respectively.
Similar, Pepper price today In Dak Lak and Dak Nong provinces, it is also anchored at the corresponding level of 83,000 VND/kg.
|
Province/district (survey area) |
Purchasing price (Unit: VND/kg) |
Change compared to yesterday (Unit: VND/kg) |
|
Dak Lak |
83,000 |
– |
|
Gia Lai |
80,000 |
– |
|
Dak Nong |
83,000 |
– |
|
BA Ria Vung Tau |
82,000 |
– |
|
Binh Phuoc |
82,500 |
– |
|
Dong Nai |
80,000 |
– |
World pepper prices
According to an update from the International Pepper Association (IPC) on January 29 (local time), Lampung black pepper price (Indonesia) increased by 0.03% compared to January 26.
At the same time, the price of Brazilian black pepper ASTA 570 and Kuching (Malaysia) ASTA black pepper remained stable.
|
Type name |
World black pepper price list (Unit: USD/ton) |
||
|
January 26 |
January 29 |
% change |
|
|
Lampung black pepper (Indonesia) |
3,863 |
3,864 |
0.03 |
|
Brazilian black pepper ASTA 570 |
3,750 |
3,750 |
0 |
|
Kuching black pepper (Malaysia) ASTA |
4,900 |
4,900 |
0 |
At the same time of the survey, the price of Muntok white pepper increased by 0.02% compared to the previous session, while Malaysian ASTA white pepper prices had no new adjustments.
|
Type name |
World white pepper price list (Unit: USD/ton) |
||
|
January 26 |
January 29 |
% change |
|
|
Muntok white pepper |
6,091 |
6,092 |
0.02 |
|
ASTA Malaysian white pepper |
7,300 |
7,300 |
0 |
In 2023, pepper exports will record a decrease in most leading producing countries such as Brazil, Indonesia, India… and only increase in Vietnam.
In the context of a weak global economy due to geopolitical conflicts, high inflation and interest rates in major economies, pepper imports from the US and EU dropped to their lowest level in recent years. However, China’s imports have rebounded after the COVID-19 pandemic.
According to data published by the Brazilian State Center for Foreign Trade Statistics (Comex Stat), Brazil exported 7,424 tons of pepper in December, down 2.5% over the previous month and down 19.2% over the past month. with the same period in 2022.
By the end of 2023, Brazil’s pepper exports will reach 80,724 tons, with a turnover of 252.3 million USD, down 6.5% in volume and down 18.4% in turnover compared to 2022. a decline for the second consecutive year following a peak of 92,065 tonnes reached in 2021.
In 2023, Brazil’s average export pepper price will reach 3,126 USD/ton, down 12.7% compared to 2022. In December alone, the average export price of pepper will reach 3,308 USD/ton, equivalent to November but up 22% % compared to the same period last year.
According to VietnamBiz.vn
