According to IPC statistics, pepper prices of various types in August 2019 were unchanged to slightly decrease in producing and exporting countries. In particular, global economic growth did not meet expectations and trade tensions will cause pepper prices to slow down due to a lack of speculation.
The preliminary data report of the General Department of Vietnam Customs showed that pepper export in August 2019 reached 18,872 tons, down 4,675 tons, or down 19.85% over the previous month and down 3,229 tons, or down 14 , 61% over the same period last year.
The value of export turnover in the month reached US $ 46.39 million, down by US $ 13.58 million, down 22.64% from the previous month and down US $ 18.47 million, or by 28.48% over the same period. last year.
Accumulated export volume in the first 8 months of 2019 reached a total of 218,340 tons of pepper of all kinds, an increase of 43,117 tons, an increase of 24.61% compared to export volume in the first 8 months of 2018. However, in terms of turnover Exports in the first 8 months of 2019 totaled 566.28 million USD, down 27.10 million USD, or 4.65% lower than the same period.
The average export price in the period reached US $ 2,458 / ton, down 3.49% compared to the average export price of July 2019.
Source Giacaphe.vn
