Source: Hoang Hiep compiled from giatieu.com
On the world market
According to updates from the International Pepper Association (IPC), pepper price World black prices decreased simultaneously last week.
Specifically, the price of Lampung Indonesian black pepper decreased by 0.7%, down to 6,732 USD/ton.
Kuching Malaysia black pepper price listed at 8,700 USD/ton, down 2.2%; Brazilian black pepper ASTA 570 is priced at 6,750 USD/ton, down 1.5%.
In Vietnam, black pepper prices are 500 g/l and 550 g/l export decreased by 4.2 – 4.4% (300 USD/ton), down to 6,500 – 6,800 USD/ton.
| Type name | World black pepper price list | |
| October 13 (Unit: USD/ton) | % change compared to the beginning of the week | |
| Lampung black pepper (Indonesia) | 6,732 | -0.7 |
| Brazilian black pepper ASTA 570 | 6,750 | -1.5 |
| Kuching black pepper (Malaysia) ASTA | 8,700 | -2,2 |
| Vietnamese black pepper (500 g/l) | 6,500 | -4,4 |
| Vietnamese black pepper (500 g/l) | 6,800 | -4,2 |
At the same time of the survey, Muntok Indonesia white pepper price decreased by 0.7% last week, at 9,002 USD/ton. Vietnam white pepper price also decreased by 3% to 9,850 USD/ton.
In Malaysia, white pepper prices were flat at 11,200 USD/ton.
| Type name | World white pepper price list | |
| October 13 (Unit: USD/ton) | % change compared to the beginning of the week | |
| Muntok Indonesian white pepper | 9,002 | -0.7 |
| ASTA Malaysian white pepper | 11,200 | 0.0 |
| Vietnamese white pepper | 9,850 | -3.0 |
Update pepper information
According to IPC, in the period from 2014 to 2023, Cambodia’s pepper cultivation area shows a significant increasing trend, by 2023 increasing by 3,025 hectares compared to 2014. Pepper area in 2023 is estimated to be stable. and remained unchanged, reaching 5,725 hectares. Furthermore, the pepper cultivation area in 2024 is also expected to be stable and unchanged.
Cambodia’s pepper output has shown an increasing trend since 2014, recording a sharp increase of 153% over the past 10 years and reaching 19,000 tons in 2023. The increase in output is thanks to improvements in pepper area and productivity as well as Improve pepper quality and certification by the Cambodian government and CPSF.
Cambodia’s pepper output in 2023 is estimated to increase by 6% compared to 2022. Furthermore, Cambodian pepper output in 2024 is expected to be stable and unchanged.
Similar to output, Cambodian pepper productivity has recorded an increasing trend over the past 10 years with an annual average of 2,697 kg/ha.
In 2023, Cambodian pepper productivity is estimated to increase by 6% compared to 2022. Furthermore, pepper productivity in 2024 is expected to be stable and unchanged at 3,319 Kg/ha.
As of July 2024, Cambodian pepper exports reached 6,422 tons, a sharp increase of 172% over the same period in 2023. This increase is thanks to the efforts of the Cambodian Government and CPSF in improving trade and development. market of Cambodian pepper.
FOB Cambodian black pepper prices of 500 g/l and 550 g/l show a positive context in 2024.
As of September 2024, the average FOB price of Cambodian black pepper type 500 g/l reached 2,780 USD/ton, stable and unchanged compared to January. Furthermore, the average FOB price of Cambodian black pepper type 550 g/l l placed 4,808 USD/ton, a sharp increase of 101% compared to January.
According to VietnamBiz.vn
