According to the report of the International Pepper Community (IPC), in general, the world pepper price in March dropped, Indonesia ranked first with a drop of 14.8% for ASTA black pepper and 14.1% for white pepper.
Read more : >> Vietnam: Pepper exports in February 2020 increased sharply.
According to the preliminary report of the General Department of Vietnam Customs, pepper exports in March 2020 reached 40,297 tons of pepper of all kinds, an increase of 14,688 tons, an increase of 57.35% compared to the previous month and an increase of 5,078 tons. , an increase of 14.42% over the same period last year.
The value of pepper export turnover in the month reached 83.05 million USD, up 26.03 million USD, an increase of 45.64% compared to the previous month but down 6.27 million USD, or 7.02% compared to the previous month. with the same period last year.
Accumulated export volume of pepper in the first 3 months of 2020 totaled 80,680 tons of all kinds of pepper, an increase of 9,790 tons, an increase of 13.81% compared to the export volume in the first 3 months of 2019.
However, in terms of export turnover in the first 3 months of 2020 totaled US $ 176.29 million, down US $ 13.16 million, down 6.95% over the same period.
The average export price of pepper in March 2020 reached US $ 2,061 / ton, down 7.45% compared to the average export price of February 2020.
According to IPC statistics, the world price of pepper in March 2020 in general in some producing countries decreased. In which, Indonesia ranked first with ASTA black pepper down 14.8% and white pepper FAQ down 14.1%; Vietnam was next with black pepper 550 Gr / l down 9%, black pepper 500 Gr / l down 6.2% and white pepper FAQ down 9.3%.
Source English (giacaphe.vn)