Pepper prices today went sideways.
Domestic pepper prices
According to the survey, pepper prices in key provinces and cities stabilized after the previous day’s increase.
Specifically, traders in Dak Lak, Ba Ria – Vung Tau and Binh Phuoc are purchasing pepper at the highest price of 98,000 VND/kg.
Lower price at 97,000 VND/kg includes Gia Lai and Dak Nong provinces.
The current lowest pepper price recorded in Dong Nai province is 96,500 VND/kg.
|
Province/district (survey area) |
Purchasing price (Unit: VND/kg) |
Change compared to yesterday (Unit: VND/kg) |
|
Dak Lak |
98,000 |
– |
|
Gia Lai |
97,000 |
– |
|
Dak Nong |
97,000 |
– |
|
BA Ria Vung Tau |
98,000 |
– |
|
Binh Phuoc |
98,000 |
– |
|
Dong Nai |
96,500 |
– |
World pepper prices
According to an update from the International Pepper Association (IPC) on April 22 (local time), the price of Lampung black pepper (Indonesia) increased by 0.35%, the price of Brazilian black pepper ASTA 570 and Kuching black pepper (Malaysia). ) ASTA remains stable compared to April 21.
|
Type name |
World black pepper price list (Unit: USD/ton) |
||
|
April 21 |
April 22 |
% change |
|
|
Lampung black pepper (Indonesia) |
4,562 |
4,578 |
+0.35 |
|
Brazilian black pepper ASTA 570 |
4,450 |
4,450 |
0 |
|
Kuching black pepper (Malaysia) ASTA |
4,900 |
4,900 |
0 |
At the same time of the survey, Muntok white pepper prices increased by 0.35%, while Malaysian ASTA white pepper prices had no new adjustments.
|
Type name |
World white pepper price list (Unit: USD/ton) |
||
|
April 21 |
April 22 |
% change |
|
|
Muntok white pepper |
6,025 |
6,046 |
+0.35 |
|
ASTA Malaysian white pepper |
7,300 |
7,300 |
0 |
In the early days of April 2024, the price of black pepper in the domestic market was generally quite stable, around 92,500 – 95,000 VND/kg, but compared to the end of February 2024, there were fluctuations. On April 9, 2024, the price of black pepper in the domestic market fluctuated inconsistently compared to the end of March 2024, but the downward trend was the main trend.
Specifically, the price of black pepper in Binh Phuoc and Dak Lak provinces decreased by 1,000 VND/kg compared to March 30, 2024, to 93,000 VND/kg; In Ba Ria – Vung Tau and Dak Nong provinces, the price also decreased by 1,500 VND/kg, down to 93,000 – 93,500 VND/kg. In contrast, the price of black pepper in Dong Nai province increased by 500 VND/kg, to 92,500 VND/kg; In Gia Lai province, the price increased by 1,000 VND/kg, to 93,000 VND/kg.
According to data from the General Department of Customs, Vietnam’s pepper exports in March 2024 reached approximately 25.92 thousand tons, worth 111.58 million USD, an increase of 92.7% in volume and an increase of 104.8% % in value compared to February 2024, compared to March 2023, down 27.5% in volume, but up 4.8% in value.
In the first 3 months of 2024, Vietnam’s pepper exports reached 56.78 thousand tons, worth 235.82 million USD, down 25.4% in volume, but up 1.1% in value compared to the same period last year. period in 2023, Vietnam Ministry of Industry and Trade reported.
Compared to the same period last year, the amount of Vietnamese pepper exported to the Indian, United Arab Emirates, and Egyptian markets decreased. On the contrary, pepper exports to many markets increased sharply, such as the US, Germany, Netherlands, Korea, Pakistan, Thailand,…
According to VietnamBiz.vn
