In general, world pepper prices increased significantly in June but tended to decrease gradually towards the end of the month due to concerns about the spread of covid-19 epidemic, while persistently low pepper prices could potentially lead to pepper production. global decline significantly.
According to preliminary data reported by the General Department of Vietnam Customs, pepper exports in June 2020 reached tons of pepper of all kinds, down 9,902 tons, which is a sharp decrease of 32.62% compared to the previous month and 10,236 tons. , which is 33.36% lower than the same period last year.
The value of pepper export turnover in the month reached 47.17 million USD, down 13.74 million USD, or 22.55% down from the previous month and 28.04 million USD down, or 37.28% lower than that of the previous month. in the same period last year.
The accumulated export volume of pepper in the first 6 months of 2020 totaled 166,812 tons of pepper of all kinds, down 10,046 tons, or down 5.68% compared to the export volume of the first 6 months of 2019.
In terms of export turnover value in the first 6 months of 2020, a total of $ 355.92 million, a decrease of US $ 95.33 million, or a decrease of 21.13% over the same period.
Average export price in June 2020 reached 2,306 USD / ton, up 14.95% compared to the average export price of May 2020.
According to IPC statistics, world pepper prices in June 2020 continued to fluctuate in opposite directions. In which, prices of pepper from Vietnam (black pepper 550 Gr / l decreased by 4.45%, black pepper 500 Gr / l decreased by 4.82%, white pepper increased by 2.42%) and Malaysia (FAQ black pepper decreased by 7.19. %, Kuching white pepper decreased by 7.68% and Pinang white pepper increased 0.21%. While Indonesian black pepper prices increased by 15.45%, Indian black pepper prices increased by 0.20% and Hainan white pepper prices increased by 1.42%, compared to the beginning of the month.
In general, black pepper prices tended to decrease towards the end of the month while white pepper prices increased.
According to English (giacaphe.vn)
