In February 2020, prices of black and white pepper of most producing countries decreased slightly, while the pressure of new pepper supply from Southeast Asian producing countries has increased significantly and the The demand for pepper with low density of major markets has also increased, according to the International Pepper Community (IPC).
Read more : >> Vietnam: pepper export in January 202020 prices increased slightly but the volume decreased sharply.
Binh Phuoc farmers expose the new crop of 2020
According to preliminary data of the General Department of Vietnam Customs, pepper exports in February 2020 reached 25,609 tons of pepper of all kinds, an increase of 10,933 tons, an increase of 74.5% compared to the previous month and an increase of 9,216 tons. , an increase of 56.22% over the same period last year.
The value of pepper export turnover in the month reached US $ 57.03 million, an increase of US $ 21.18 million, an increase of 59.07% over the previous month and an increase of US $ 13.61 million, an increase of 31.33% compared to the previous month. in the same period last year.
Accumulated export volume of pepper in the first 2 months of 2020 totaled 40,243 tons of pepper of all kinds, an increase of 4,573 tons, an increase of 12.82% compared to the export volume in the first 2 months of 2019.
However, the value of export turnover in the first 2 months of 2020 totaled 92.74 million USD, down 7.38 million USD, or 7.38% lower than the same period.
The average export price of pepper in February 2020 reached 2,227 USD / ton, down 8.84% compared to the average export price of January 2020.
Source English (giacaphe.vn)
