Pepper prices today (December 8) maintain an upward momentum in localities, with the highest level recorded in Binh Phuoc province at 76,000 VND/kg.
Domestic pepper prices
According to the survey, pepper price continues to increase with an adjustment of 1,000 VND compared to yesterday. Currently, key provinces in the country are purchasing at a price range of 73,000 – 76,000 VND/kg.
Details are as follows, the current lowest price is 73,000 VND/kg recorded in Dong Nai province and slightly higher is 73,500 VND/kg in Gia Lai province.
Next are Dak Lak and Dak Nong provinces with a price of 74,500 VND/kg.
Similar, Pepper price today In Ba Ria – Vung Tau and Binh Phuoc provinces, it was recorded at 75,500 VND/kg and 76,000 VND/kg, respectively.
|
Province/district (survey area) |
Purchasing price (Unit: VND/kg) |
Change compared to yesterday (Unit: VND/kg) |
|
Dak Lak |
74,500 |
+1,000 |
|
Gia Lai |
73,500 |
+1,000 |
|
Dak Nong |
74,500 |
+1,000 |
|
BA Ria Vung Tau |
75,500 |
+1,000 |
|
Binh Phuoc |
76,000 |
+1,000 |
|
Dong Nai |
73,000 |
+1,000 |
World pepper prices
According to an update from the International Pepper Association (IPC) on December 7 (local time), the price of Lampung black pepper (Indonesia) decreased by 0.2% compared to December 6.
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 6 |
December 7 |
% change |
|
|
Lampung black pepper (Indonesia) |
3,981 |
3,973 |
-0.2 |
|
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 0.19% 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 6 |
December 7 |
% change |
|
|
Muntok white pepper |
6.182 |
6,170 |
-0.19 |
|
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)pepper prices in Vietnam’s domestic market have changed positively after reports of crop failures in world pepper producing countries.
Recorded on November 18, the price of black pepper increased by about 1,000 – 2,000 VND/kg (depending on the region) compared to the end of October 2023, to 67,000 – 70,500 VND/kg.
White pepper price is at 101,000 VND/kg, an increase of 1,000 VND/kg compared to the end of October 2023, but still 4,000 VND/kg lower than the same period last year.
According to statistics from the General Department of Customs, in October 2023, Vietnam exported pepper to 19.4 thousand tons, worth 73.18 million USD, an increase of 7.1% in volume and an increase of 8.4%. in value compared to September 2023, an increase of 11.6% in volume and an increase of 10.6% in value compared to October 2022.
In the first 10 months of 2023, Vietnam’s pepper exports reached approximately 225.44 thousand tons, worth 755.63 million USD, down 9.7% in volume and 23.1% in value over the same period. last year.
Recorded in October 2023, Vietnam’s average pepper export price reached 3,772 USD/ton, up 1.2% compared to September 2023, but down 0.8% compared to October 2022.
In the first 10 months of this year, Vietnam’s average pepper export price reached 3,352 USD/ton, down 23.1% compared to the same period in 2022.
According to VietnamBiz.vn
