Price movements of pepper in some raw material areas
|
The provincial / district (survey area) |
Purchase price Unit: VND / kg |
|---|---|
|
Dak Lak |
|
|
– Ea H'leo |
38,000 |
|
Gia Lai |
|
|
– Chu Se |
37,000 |
|
Dak Nong |
|
|
– Chiayi |
38,000 |
|
BA Ria Vung Tau |
|
|
– Average price |
39,500 |
|
Binh Phuoc |
|
|
– Average price |
38,500 |
|
Dong Nai |
|
|
– Average price |
37,000 |
tintaynguyen.com
According to giatieu.com (pepper prices are updated every 15 minutes), on the world market, at Kochi floor – India today (April 28, 2020) remains the same level. Spot price closed at 32,785 rupees per quintal, April 2020 term price stabilized at 32,530 rupees per quintal.
Pepper price (Kochi floor – India)
|
Period |
Price match |
Change |
% |
Amount |
Tallest |
The shortest |
Open door |
Yesterday |
OPEN OPENING |
|---|---|---|---|---|---|---|---|---|---|
|
DELIVERY NOW |
32785 |
0 |
0.00 |
0 |
32785 |
32785 |
32785 |
32785 |
0 |
|
04/20 |
32530 |
0 |
0.00 |
0 |
32530 |
32530 |
32530 |
32530 |
0 |
giatieu.com
The cross-exchange rate of Vietnam dong against the Indian rupee (INR) from April 23, 2020 to April 29, 2020 is applied by the State Bank to calculate export tax and import tax of 303.01 dong. VND / INR, source Portal of the State Bank of Vietnam.
Experts have forecasted that the pepper price in the week may have a positive sign, causing prices to rise, but there has been no change.
Pepper prices are now at low levels for many years, combined with crop failures, causing many households to be in debt. Under the current situation, representatives of the Pepper Association of the Central Highlands provinces have proposed the bank to extend and extend debts so that people can maintain their investment capital and overcome the difficult period.
In the context of complicated COVID-19 epidemic, slowing export, the domestic pepper industry needs to upgrade the processing stage to improve product value, and improve the competitiveness in the world market in next time.
Source: VITIC
