Overall, during the past week, pepper prices increased by 500 – 1,000 VND in some key provinces and cities, fluctuating between 139,000 – 140,000 VND/kg. Pepper output in some localities is at risk of decline due to the influence of many factors.
Pepper price today (November 24) simultaneously increased by 1,000 VND/kg in key provinces and cities, to 139,000 – 140,000 VND/kg.
Although fluctuations have fluctuated in recent days, overall over the past week pepper price domestically still increased by 500 – 1,000 VND/kg.
Accordingly, traders in Ba Ria – Vung Tau and Dong Nai provinces are buying pepper at a price of 140,000 VND/kg, an increase of 1,000 VND/kg compared to the beginning of the week.
Similarly, pepper prices in Dak Lak province are being traded at 140,000 VND/kg, an increase of 500 VND/kg in the past week. Pepper price in Dak Nong also stood at 140,000 VND/kg.
Meanwhile, pepper price in Gia Lai province increased by 500 VND/kg, to 139,500 VND/kg.
In Binh Phuoc, pepper price is stable at 139,000 VND/kg, which is also the lowest price on the market.
|
Province/district (survey area) |
Purchase price 11/24 (Unit: VND/kg) |
Change compared to the previous day (Unit: VND/kg) |
Compared to the beginning of the week (Unit: VND/kg) |
| Dak Lak |
140,000 |
+1,000 |
+500 |
| Gia Lai |
139,500 |
+1,000 |
+500 |
| Dak Nong |
140,000 |
+1,000 |
– |
| Ba Ria – Vung Tau |
140,000 |
+1,000 |
+1,000 |
| Binh Phuoc |
139,000 |
+1,000 |
– |
| Dong Nai |
140,000 |
+1,000 |
+1,000 |
Source: Hoang Hiep compiled from giatieu.com
On the world market
On the world market, pepper prices moved sideways on a large scale last week.
The International Pepper Association (IPC) is listing the price of Lampung Indonesian black pepper at 6,470 USD/ton, Brazilian ASTA 570 black pepper at 6,000 USD/ton, and Kuching Malaysia black pepper at 8,400 USD/ton.
Price of black pepper 500 g/l and 550 g/l export of Vietnam fluctuates between 6,200 – 6,500 USD/ton.
|
Type name |
World black pepper price list |
|
|
November 24 (Unit: USD/ton) |
% change compared to the beginning of the week |
|
|
Lampung black pepper (Indonesia) |
6,470 |
– |
|
Brazilian black pepper ASTA 570 |
6,000 |
– |
|
Kuching black pepper (Malaysia) ASTA |
8,400 |
– |
|
Vietnamese black pepper (500 g/l) |
6,200 |
– |
|
Vietnamese black pepper (500 g/l) |
6,500 |
– |
At the same time of the survey, the price of Indonesian Muntok white pepper reached 9,055 USD/ton. While Vietnamese white pepper and Malaysian white pepper stood at higher levels of 9,400 USD/ton and 10,500 USD/ton.
|
Type name |
World white pepper price list |
|
|
November 24 (Unit: USD/ton) |
% change compared to the beginning of the week |
|
|
Muntok Indonesian white pepper |
9,055 |
– |
|
ASTA Malaysian white pepper |
10,500 |
– |
|
Vietnamese white pepper |
9,400 |
– |
Update pepper information
In some key pepper production areas of Vietnam such as Binh Phuoc, Ba Ria – Vung Tau and Dak Lak, output in the upcoming season is at risk of decreasing due to the influence of many factors.
According to the Department of Statistics of Binh Phuoc province, from the beginning of 2024 until now, the province’s pepper growing area has decreased by 709 hectares compared to the same period in 2023. Currently, the whole province has 12,878 hectares, with an estimated output of 22,616 tons (down 874 tons compared to the same period in 2023). same period last year).
The reason is that due to low prices, people invest less in care, leading to poor garden development and disease. Some pepper areas were converted by people to growing fruit trees and crops.
In Ba Ria – Vung Tau, at present, pepper gardens are in the stage of cultivating fruit to prepare for the harvest around mid-January 2025. However, before that, due to the impact of adverse weather, pepper flowers dropped, so the fruit setting rate was low, and the risk of crop failure was high.
According to statistics from the Department of Agriculture and Rural Development, the province’s pepper area is currently about 10,500 hectares. Although from the 2023 crop year, pepper prices begin to increase again, farmers have focused on investing and caring for pepper trees, but due to the influence of the weather, it is forecast that this pepper crop output will decrease sharply compared to with last year.
In Dak Lak, according to many farmers, pepper is a sensitive crop that is easily affected by erratic weather. This year, prolonged drought has caused hot, dry weather and low humidity, which is not favorable for pepper flowering and pollination. , fruit set. Therefore, there has been a situation where pepper ears are scratched a lot and the flowers are cut short and sparse.
According to VietnamBiz.vn
