On the world market
Update from the International Pepper Association (IPC), in the most recent trading session, the price of Lampung Indonesian black pepper continued to decrease slightly by 6 USD/ton compared to the previous trading session, down to 6,665 USD/ton.
Similarly, Brazilian pepper price ASTA 570 was adjusted down by 1.59% (100 USD/ton), to 6,300 USD/ton.
Kuching Malaysia black pepper remained stable at 8,500 USD/ton.
Price of black pepper 500 g/l and 550 g/l export of Vietnam is flat in the range of 6,500 – 6,800 USD/ton.
|
Type name |
World black pepper price list |
|
|
November 6 (Unit: USD/ton) |
% change compared to the previous day |
|
|
Lampung black pepper (Indonesia) |
6,665 |
-0.09 |
|
Brazilian black pepper ASTA 570 |
6,300 |
-1.59 |
|
Kuching black pepper (Malaysia) ASTA |
8,500 |
0.0 |
|
Vietnamese black pepper (500 g/l) |
6,500 |
0.0 |
|
Vietnamese black pepper (500 g/l) |
6,800 |
0.0 |
At the same time of the survey, the price of Muntok Indonesian white pepper also decreased by 8 USD/ton, down to 9,125 USD/ton.
While the price of white pepper in Vietnam and Malaysia remained stable at 9,500 USD/ton and 11,000 USD/ton.
|
Type name |
World white pepper price list |
|
|
November 6 (Unit: USD/ton) |
% change compared to the previous day |
|
|
Muntok Indonesian white pepper |
9.125 |
-0.09 |
|
ASTA Malaysian white pepper |
11,000 |
0.0 |
|
Vietnamese white pepper |
9,500 |
0.0 |
Update pepper information
According to Agriculture Newspaper, after many days of being affected by heavy rain due to Storm No. 6, a series of pepper gardens of people in Gio An commune, Gio Linh district, Quang Tri province were flooded.
After the water receded, many underground water veins continuously appeared, causing the roots of the pepper tree to be at risk of being waterlogged and invading fungi. This situation appeared after the historic flood in October 2020, causing dozens of hectares of pepper in Gio An commune to die and be affected.
Mr. Le Phuoc Hieu, Vice Chairman of Gio An Commune People’s Committee, said that the water vein that appeared in 2020 caused nearly 20 hectares of local pepper to have yellow leaves, root rot and completely die; More than 60 hectares of pepper were affected in productivity and quality, and it took a long time to recover.
At this time, the entire Gio An commune has identified 3 hectares of pepper showing symptoms of yellowing, wilting, leaf loss, and a very high risk of death. If it continues to rain, the dead pepper area could reach 10 hectares.
Also according to Mr. Hieu, people are currently actively saving pepper gardens. Some immediate tasks are to create a fence to prevent water from flowing into the pepper garden from outside; create drainage ditches around the pepper garden and between pepper rows; Plant the roots and tissue of the pepper tree to minimize the risk of the pepper dying. Some households cut and prune trees to create ventilation for the pepper garden to drain quickly.
“Pepper is the main crop in Gio An commune. This year, pepper prices are high, people are very excited, but now there is a risk of great damage. If the measures people have taken are still not effective, they will be forced to switch to other crops. This is very unfortunate because Gio An currently has dozens of hectares of very valuable organic pepper,” Mr. Hieu shared.
According to VietnamBiz.vn
