According to the report of the International Pepper Community (IPC), in general, world pepper prices declined in March, with Indonesia leading with a decrease of 14.8% of ASTA black pepper and 14.1% of FAQ white pepper…
Read more : >> Vietnam: Pepper exports in February 2020 increased sharply.
Mr. Huynh Van Them’s family in Loc Quang, Loc Ninh, Binh Phuoc picked new pepper crops.
According to preliminary data reported by the General Department of Vietnam Customs, pepper exports in March 2020 reached 40,297 tons of all kinds of pepper, an increase of 14,688 tons, or an increase of 57.35% over the previous month and an increase of 5,078 tons. , ie an increase of 14.42% over the same period last year.
The export value of pepper in the month reached US$83.05 million, up US$26.03 million, up 45.64% over the previous month but down US$6.27 million, or 7.02 percent lower than the previous month. with the same period last year.
The cumulative export volume of pepper in the first 3 months of 2020 reached a total of 80,680 tons of pepper of all kinds, an increase of 9,790 tons, or an increase of 13.81% compared to the export volume of the first 3 months of 2019.
However, in terms of export turnover in the first 3 months of 2020, a total of 176.29 million USD, down 13.16 million USD, or 6.95% decrease over the same period.
The average export price of pepper in March 2020 reached USD 2,061/ton, down 7.45% compared to the average export price of February 2020.
According to statistical data of IPC, world pepper prices in March 2020 in general decreased in some producing countries. In which, Indonesia ranked first with black pepper ASTA down 14.8% and white pepper FAQ down 14.1%; Vietnam ranked next with 550 Gr/l black pepper down 9%, 500 Gr/l black pepper down 6.2 % and FAQ white pepper down 9.3 %.
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