Pepper price today (October 26) in the domestic market remains in the range of 67,000 – 70,500 VND/kg.
Domestic pepper prices
According to the survey, pepper price recorded in the range of 67,000 – 70,500 VND/kg in key provinces in the country.
Currently, the lowest price is recorded in Gia Lai province at 67,000 VND/kg.
Next are Dong Nai, Dak Lak and Dak Nong with a general purchasing price of 68,500 VND/kg.
Similar, Pepper price today in Binh Phuoc and Ba Ria – Vung Tau were stable at 70,000 VND/kg and 70,500 VND/kg, respectively.
Province/district (survey area) |
Purchasing price (Unit: VND/kg) |
Change compared to yesterday (Unit: VND/kg) |
Dak Lak |
68,500 |
– |
Gia Lai |
67,000 |
– |
Dak Nong |
68,500 |
– |
BA Ria Vung Tau |
70,500 |
– |
Binh Phuoc |
70,000 |
– |
Dong Nai |
68,500 |
– |
World pepper prices
According to an update from the International Pepper Association (IPC) on October 25 (local time), the price of Lampung black pepper (Indonesia) decreased by 0.02% compared to October 24.
At the same time, the price of Brazilian black pepper ASTA 570 and Kuching (Malaysia) ASTA black pepper remained stable.
Type name |
World black pepper price list (Unit: USD/ton) |
||
October 24 |
October 25 |
% change |
|
Lampung black pepper (Indonesia) |
4.105 |
4.104 |
-0.02 |
Brazilian black pepper ASTA 570 |
3,450 |
3,450 |
0 |
Kuching black pepper (Malaysia) ASTA |
4,900 |
4,900 |
0 |
At the same time of the survey, the price of Muntok white pepper decreased by 0.02% compared to the previous session, while Malaysian ASTA white pepper prices had no new adjustments.
Type name |
World white pepper price list (Unit: USD/ton) |
||
October 24 |
October 25 |
% change |
|
Muntok white pepper |
6.181 |
6,180 |
-0.02 |
ASTA Malaysian white pepper |
7,300 |
7,300 |
0 |
According to records, the businesses leading the list of pepper exporters in the first 9 months of 2023 include: Nedspice reaching 13,541 tons, an increase of 1%; Olam Vietnam reached 13,408 tons, down 37.3%; Pearl reached 13,250 tons, down 37.1% and Phuc Sinh reached 11,607 tons, down 1.1%.
According to VietnamBiz.vn