Domestic pepper prices
Dak Lak and Dak Nong are still anchored at the threshold of 94,000 VND/kg.
|
Province/district (survey area) |
Purchasing price (Unit: VND/kg) |
Change compared to yesterday (Unit: VND/kg) |
|
Dak Lak |
95,000 |
– |
|
Gia Lai |
93,500 |
– |
|
Dak Nong |
95,000 |
– |
|
BA Ria Vung Tau |
94,000 |
– |
|
Binh Phuoc |
94,000 |
– |
|
Dong Nai |
93,500 |
– |
World pepper prices
According to an update from the International Pepper Association (IPC) on April 5 (local time), the price of Lampung black pepper (Indonesia) increased by 0.31%, the price of Brazilian black pepper ASTA 570 and Kuching black pepper (Malaysia). ) ASTA remains stable compared to April 4.
|
Type name |
World black pepper price list (Unit: USD/ton) |
||
|
April 4 |
April 5 |
% change |
|
|
Lampung black pepper (Indonesia) |
4,453 |
4,463 |
+0.31 |
|
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 0.31%, while Malaysian ASTA white pepper prices had no new adjustments.
|
Type name |
World white pepper price list (Unit: USD/ton) |
||
|
April 4 |
April 5 |
% change |
|
|
Muntok white pepper |
6.165 |
6,179 |
+0.31 |
|
ASTA Malaysian white pepper |
7,300 |
7,300 |
0 |
According to data from the General Department of Customs, Vietnam’s pepper exports in February 2024 reached 13.45 thousand tons, worth approximately 54.47 million USD, down 23% in volume and 22.0% in value. The value compared to January 2024, compared to February 2023, decreased by 52% in volume and 35.3% in value.
In the first 2 months of 2024, Vietnam’s pepper exports reached 30.91 thousand tons, worth 124.32 million USD, down 23.5% in volume and 2.1% in value over the same period. 2023, according to Ministry of Industry and Commerce Vietnam.
In February 2024, Vietnam’s average export price of pepper reached 4,050 USD/ton, an increase of 1.2% compared to January 2024 and a sharp increase of 34.7% compared to February 2023. In the first 2 months of 2024, the average export price of Vietnam’s pepper reached 4,022 USD/ton, an increase of 28.1% over the same period in 2023.
Pepper exports to many traditional markets decreased compared to February 2023, such as: India, United Arab Emirates, Philippines, Pakistan, England… On the contrary, pepper exports to Chinese markets United States, Germany, Netherlands, Korea, Egypt increased.
In the first 2 months of 2024, Vietnam will promote pepper exports to many traditional markets such as the US, India, Germany, the Netherlands, Korea, and Egypt, but reduce exports to the Arab Emirates. United, England.
According to VietnamBiz.vn
