Pepper prices today (December 11) continue to increase from last weekend. Accordingly, the two provinces of Ba Ria – Vung Tau and Binh Phuoc have the highest price of 77,000 VND/kg.
Domestic pepper prices
According to the survey, pepper price In key provinces in the country, it is in the range of 74,500 – 77,000 VND/kg, an increase of 500 – 1,000 VND/kg compared to last weekend.
Records show that two provinces, Dong Nai and Gia Lai, respectively recorded prices of 74,500 VND/kg and 75,000 VND/kg, corresponding to an increase of 1,000 VND/kg.
In Dak Lak and Dak Nong, pepper was purchased at a general price of 76,000 VND/kg, an increase of 1,000 VND/kg.
Similar, Pepper price today In Ba Ria – Vung Tau and Binh Phuoc provinces, it is listed at the same price of 77,000 VND/kg, an increase of 1,000 VND/kg and 500 VND/kg, respectively.
|
Province/district (survey area) |
Purchasing price (Unit: VND/kg) |
Change compared to yesterday (Unit: VND/kg) |
|
Dak Lak |
76,000 |
+1,000 |
|
Gia Lai |
75,000 |
+1,000 |
|
Dak Nong |
76,000 |
+1,000 |
|
BA Ria Vung Tau |
77,000 |
+1,000 |
|
Binh Phuoc |
77,000 |
+500 |
|
Dong Nai |
74,500 |
+1,000 |
World pepper prices
According to an update from the International Pepper Association (IPC) on December 8 (local time), the price of Lampung black pepper (Indonesia) increased by 0.23% compared to December 7.
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) |
||
|
December 7 |
December 8 |
% change |
|
|
Lampung black pepper (Indonesia) |
3,973 |
3,982 |
0.23 |
|
Brazilian black pepper ASTA 570 |
3,500 |
3,500 |
0 |
|
Kuching black pepper (Malaysia) ASTA |
4,900 |
4,900 |
0 |
At the same time of the survey, the price of Muntok white pepper increased by 0.23% 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) |
||
|
December 7 |
December 8 |
% change |
|
|
Muntok white pepper |
6,170 |
6.184 |
0.23 |
|
ASTA Malaysian white pepper |
7,300 |
7,300 |
0 |
According to the latest report of Department of Import and Export (Ministry of Industry and Trade)in the first 9 months of 2023, the Netherlands imported pepper from Vietnam reaching approximately 5.44 thousand tons, worth nearly 22.96 million EUR (equivalent to 24.95 million USD), a decrease of 35.3% in quantity and decreased 46.1% in value compared to the same period last year.
However, Vietnam’s pepper market share in the Netherlands’ total imports from the non-EU market in the first 9 months of 2023 is relatively stable, at 64.56%.
Similarly, the Netherlands reduced pepper imports from Brazil in the first 9 months of 2023, down 36.9% in volume and 43.5% in value compared to the same period last year, reaching 1.58 thousand tons, worth price 5.44 million EUR (equivalent to 5.92 million USD).
Brazil’s pepper market share in the Netherlands’ total imports from the non-EU market decreased from 19.25% in the first 9 months of 2022 to 18.76% in the first 9 months of 2023.
In contrast, the Netherlands increased pepper imports from China in the first 9 months of 2023, up 162.2% in volume and 45.1% in value over the same period last year, reaching 253 tons, worth 752 tons. thousand EUR (equivalent to 818 thousand USD).
China’s pepper market share in the Netherlands’ total imports from the non-EU market increased from 0.74% in the first 9 months of 2022 to 3% in the first 9 months of 2023.
According to VietnamBiz.vn
