Today, world pepper prices continued to plunge due to the Covid-19 epidemic in India, with the highest transaction being around VND69,000 / kg. Meanwhile in the domestic market, pepper prices traded from 65,000 to 69,000 VND / kg.
Specifically, today’s pepper price in Gia Lai, Dong Nai is the lowest on the market at 65,000 VND / kg.
Today’s pepper prices in the provinces of Dak Nong, Dak Lak (67,000 VND / kg); Binh Phuoc (68,000 VND / kg) and Ba Ria – Vung Tau were at the highest threshold of 69,000 VND / kg.
According to data released by the General Department of Vietnam Customs, in the first half of April 2021, pepper exports reached 15,304 tons, turnover of 47.90 million USD, bringing the total number of pepper exported in 3.5 months. early 2021 to 76,296 tons, turnover reached 227.94 million USD, down 21.98% in volume but up 7.32% in value over the same period last year.
Average export price in the period reached 3,130 USD / ton, up 6.07% compared to the average export price in March 2021. Total pepper export volume in April of Vietnam was at least 34,000 tons and the first 4 months in 2021, to export about 95,000 tons, (in the first four months of 2020, it is 116,764 tons).
According to experts, the Covid-19 epidemic broke out in many countries around the world, causing the consumption to drop sharply, forcing the consumption price to drop sharply in the past 2 weeks.
On the world market, at the end of the most recent session, the spot price of pepper at Kochi – India was at Rs 39,500 / quintal (highest) and 39250 rupees / quintal (lowest), down 250 rupees / quintal. with the previous session.
The cross rate of Vietnam dong against the Indian Rupee (INR) on April 26 was applied by the State Bank to calculate the import and export tax of 308.21 VND / INR.
Thousands of people die every day due to the Covid-19 epidemic, which makes India’s pepper trading market quiet and interrupted. People worry about disease, thinking about oxygen cylinders rather than spicy foods.
The traders of this country also increased their sales before the unstable trade situation that caused the price of Indian pepper to decline deeply.
According to THCL
