In November 2019, Indian black pepper price increased significantly, Vietnam's black pepper price only increased slightly and black pepper price of other origins was almost stable. While the price of white pepper in Vietnam also increased slightly, the price of white pepper of countries was unchanged or slightly decreased, according to the International Pepper Community (IPC).
Read more : >> Vietnam: Pepper exports in October 2019 increased by 13.6%
According to preliminary data of the General Department of Vietnam Customs, pepper exports in November 2019 reached 17,016 tons of all kinds of pepper, down 53 tons, down 0.31% from the previous month and up 4,526 tons. , which increased sharply to 36.24% over the same period last year.
The value of pepper export turnover in the month reached US $ 40.04 million, down US $ 1.16 million, an increase of 2.82% compared to the previous month but an increase of US $ 1.30 million, an increase of 3.36% compared to the previous month. with the same period last year.
Accumulated export volume of pepper in the first 11 months of 2019 totaled 267,309 tons of pepper of all kinds, an increase of 47,116 tons, an increase of 21.40% compared to the export volume of the first 11 months of 2018. However, in value Export turnover in the first 11 months of 2019 totaled US $ 674.27 million, down US $ 44.01 million, or 6.13% over the same period.
The average export price in November 2019 reached US $ 2,353 / ton, down 2.53% compared to the average export price of October 2019.
Source English (giacaphe.vn)