In general, world pepper prices increased significantly in June but tended to decrease towards the end of the month due to the concern that the covid-19 disease epidemic was still spreading, while the prolonged low price of pepper is likely to make pepper production. Global decline significantly.
Garden collectors have just picked
According to preliminary data of the General Department of Vietnam Customs, pepper exports in June 2020 reached 20,449 tons of all kinds of pepper, down 9,902 tons, or a sharp decrease of 32.62% compared to the previous month and decreased. 10,236 tons, or 33.36% less than the same period last year.
The value of pepper export turnover in the month reached US $ 47.17 million, down US $ 13.74 million, or 22.55% down from the previous month and down US $ 28.04 million, or 37.28% compared to the previous month. in the same period last year.
Accumulated export volume of pepper in the first 6 months of 2020 totaled 166,812 tons of all kinds of pepper, down 10,046 tons, or 5.68% compared to the export volume in the first 6 months of 2019.
The value of export turnover in the first 6 months of 2020 totaled 355.92 million USD, down 95.33 million USD, or 21.13% over the same period.
The average export price of pepper 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 particular, Vietnam black pepper price (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 (black pepper FAQ decreased by 7.19 %, Kuching white pepper decreased by 7.68% and Pinang white pepper increased by 0.21%). While Indonesian black pepper price increased by 15.45%, Indian black pepper price increased by 0.20% and Hainan white price increased by 1.42%.
In general, black pepper price tended to decrease gradually towards the end of the month while white pepper price increased.
Source English
