Domestic pepper prices
According to the survey, pepper prices today have no new fluctuations.
Specifically, traders in Dak Lak, Ba Ria – Vung Tau and Binh Phuoc are purchasing pepper at the highest price of 98,000 VND/kg.
Following that is the transaction price in Gia Lai and Dong Nai, which is at the same level of 97,500 VND/kg.
The lowest pepper purchasing price is 97,000 VND/kg, in Dak Nong province.
Province/district (survey area) |
Purchasing price (Unit: VND/kg) |
Change compared to yesterday (Unit: VND/kg) |
Dak Lak |
98,000 |
– |
Gia Lai |
97,500 |
– |
Dak Nong |
97,000 |
– |
BA Ria Vung Tau |
98,000 |
– |
Binh Phuoc |
98,000 |
– |
Dong Nai |
97,500 |
– |
World pepper prices
According to an update from the International Pepper Association (IPC) on April 29 (local time), the price of Lampung black pepper (Indonesia) increased by 2.82%, the price of Brazilian black pepper reached ASTA 570, while the price of black pepper increased by 2.82%. Kuching (Malaysia) ASTA remains stable compared to April 28.
Type name |
World black pepper price list (Unit: USD/ton) |
||
April 28 |
April 29 |
% change |
|
Lampung black pepper (Indonesia) |
4,578 |
4,711 |
+2.82 |
Brazilian black pepper ASTA 570 |
4,550 |
4,550 |
0 |
Kuching black pepper (Malaysia) ASTA |
4,900 |
4,900 |
0 |
At the same time of the survey, Muntok white pepper prices increased by 2.85%, while Malaysian ASTA white pepper prices had no new adjustments.
Type name |
World white pepper price list (Unit: USD/ton) |
||
April 28 |
April 29 |
% change |
|
Muntok white pepper |
6,064 |
6,242 |
+2.85 |
ASTA Malaysian white pepper |
7,300 |
7,300 |
0 |
According to statistics from the Chinese Customs Authority, the country imported 531 tons of pepper, worth 2.56 million USD, down 9% in volume and 16.3% in value over the same period last year. last.
Of which, China officially imported pepper from Vietnam reaching 262 tons, worth more than 1 million USD, an increase of 34.1% in volume and an increase of 39.8% in value. Similarly, China increased pepper imports from Malaysia, Brazil, and India markets, but decreased imports from Indonesia.
In the first 2 months of the year, China’s average import price of pepper reached 4,828 USD/ton, down 8% over the same period last year. In particular, the average import price of Chinese pepper from the markets of Malaysia, Brazil, and India decreased sharply, but the import price from Vietnam and Indonesia increased.
Pepper import data published by the Chinese Customs Agency is often lower than the actual number because this country mainly imports Vietnamese pepper through unofficial channels.
However, China’s import demand in recent years has also fluctuated. After stepping up purchases in 2023, China has imported very little from the beginning of 2024 until now due to rising prices.
According to VietnamBiz.vn