In general, export prices of various types in May fluctuated, increasing in Vietnam and Indonesia but decreasing in India and China. Particularly Brasil almost closed no transactions because of the disease covid-19 …
Read more : >> Vietnam: Pepper export in April 2020 decreased slightly.
Purchasing buckets of black pepper in Dong Nai
According to preliminary data of the General Department of Vietnam Customs, pepper exports in May 2020 reached 30,351 tons of pepper of all kinds, down 5,825 tons, or 16.10% lower than the previous month and down 7,555 tons. , which is down 19.93% over the same period last year.
The value of pepper export turnover in the month reached US $ 60.9 million, down 11.69 million US dollars, down 16.1% over the previous month and down 32.3 million US dollars, or down 34.66% compared to the previous month. in the same period last year.
Accumulated export volume of pepper in the first 5 months of 2020 totaled 146,764 tons of pepper of all kinds, an increase of 591 tons, an increase of 0.4% compared to the export volume in the first 5 months of 2019.
However, the value of export turnover in the first 5 months of 2020 totaled $ 309.33 million, down $ 66.71 million, or down 17.74% over the same period.
The average export price of pepper in May 202020 reached US $ 2007 / ton, equivalent to the average export price of April 2020.
According to IPC statistics, world pepper prices in May 2020 generally showed mixed fluctuations. Vietnam black pepper grade 500 Gr / l-Asta increased by 15%, 550 gr / l-Asta grade increased by 14.55%, having the highest increase, while Indonesian black pepper price of ASTA type increased by 5.39% and pepper Black Specialized MG1 India decreased by 0.52%. Vietnamese white pepper price of FAQ grade increased by 15.23%, Indonesian white pepper increased by 3.28% while Chinese white pepper decreased by 3.71%.
Source English (giacaphe.vn)
