In the domestic market
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See more: Pepper prices today November 3
Pepper prices today have no new fluctuations, fluctuating at 140,000 – 141,000 VND in localities.
Accordingly, pepper price In the provinces of Dak Lak, Dak Nong, Ba Ria – Vung Tau and Dong Nai, it is being purchased at 141,000 VND/kg.
In Gia Lai and Binh Phuoc provinces, the transaction price is lower at 140,000 VND/kg.
|
Province/district (survey area) |
Purchase price 11/4 (Unit: VND/kg) |
Change compared to the previous day (Unit: VND/kg) |
| Dak Lak |
141,000 |
– |
| Gia Lai |
140,000 |
– |
| Dak Nong |
141,000 |
– |
| Ba Ria – Vung Tau |
141,000 |
– |
| Binh Phuoc |
140,000 |
– |
| Dong Nai |
141,000 |
– |
On the world market
Update from the International Pepper Association (IPC), in the most recent trading session, the price of Lampung Indonesian black pepper is listed at 6,683 USD/ton.
Meanwhile, Kuching Malaysian black pepper is priced at 8,500 USD/ton, Brazilian black pepper ASTA 570 is priced at 6,400 USD/ton.
Price of black pepper 500 g/l and 550 g/l export of Vietnam still fluctuates between 6,500 – 6,800 USD/ton.
|
Type name |
World black pepper price list |
|
|
November 4 (Unit: USD/ton) |
% change compared to the previous day |
|
|
Lampung black pepper (Indonesia) |
6,683 |
0.0 |
|
Brazilian black pepper ASTA 570 |
6,400 |
0.0 |
|
Kuching black pepper (Malaysia) ASTA |
8,500 |
0.0 |
|
Vietnamese black pepper (500 g/l) |
6,500 |
0.0 |
|
Vietnamese black pepper (500 g/l) |
6,800 |
0.0 |
At the same time of the survey, the price of Muntok Indonesian white pepper reached 9,150 USD/ton. While the price of white pepper in Vietnam and Malaysia stood at 9,500 USD/ton and 11,000 USD/ton.
|
Type name |
World white pepper price list |
|
|
November 4 (Unit: USD/ton) |
% change compared to the previous day |
|
|
Muntok Indonesian white pepper |
9,150 |
0.0 |
|
ASTA Malaysian white pepper |
11,000 |
0.0 |
|
Vietnamese white pepper |
9,500 |
0.0 |
Update pepper information
According to Dak Lak Newspaperalong with the country’s export growth momentum, the export of goods in the province continues to achieve many positive results. The total export turnover of the province in the first 9 months of 2024 will reach more than 1.4 billion USD (up 29% over the same period last year).
Besides coffee, pepper is a product with a high growth rate in both volume and export price of the province. By the end of the third quarter of 2024, Dak Lak province’s pepper exports reached more than 31,000 tons with an average price of 6,239 USD/ton, up 83.3% and 67.5% respectively over the same period last year.
As a leading enterprise in exporting pepper and coffee, export turnover of Export Company Limited import 2-9 Dak Lak has also increased sharply in recent times. As for pepper, the unit exported 12,238 tons of pepper, with a turnover of more than 59.7 million USD (an increase of 278% over the same period).
Currently, prices of agricultural products are still maintaining at a high level, this is a positive signal for the province’s export turnover in the last months of the year. At this time, the business community is making every effort to complete the goals and plans set for the whole year 2024.
However, many export enterprises in the province also shared that although export turnover has increased sharply in recent times, they also face many difficulties in the production and business process.
For example, the rising prices of agricultural products, especially coffee, pepper… have caused export businesses to have difficulty purchasing raw materials, many orders suffered heavy losses when they had to buy goods at high prices to get goods. assigned to partners.
According to VietnamBiz.vn
