Pepper prices today (January 22) remained stable. Accordingly, the highest price recorded was 82,500 VND/kg. For rubber, futures prices on the two exchanges recorded an increase of less than 0.5% this morning.
Domestic pepper prices
See more: Pepper prices today January 23
According to the survey, pepper price in the domestic market is around 79,500 – 82,500 VND/kg.
Of which, Gia Lai and Dong Nai provinces have purchasing prices of 79,500 VND/kg and 80,000 VND/kg, respectively.
Next is Ba Ria – Vung Tau province with a price of 81,500 VND/kg, slightly higher is Binh Phuoc province with a price of 82,000 VND/kg.
Similar, Pepper price today In Dak Lak and Dak Nong provinces, it is also stable at 82,500 VND/kg, respectively.
|
Province/district (survey area) |
Purchasing price (Unit: VND/kg) |
Change compared to yesterday (Unit: VND/kg) |
|
Dak Lak |
82,500 |
– |
|
Gia Lai |
80,000 |
– |
|
Dak Nong |
82,500 |
– |
|
BA Ria Vung Tau |
81,500 |
– |
|
Binh Phuoc |
82,000 |
– |
|
Dong Nai |
79,500 |
– |
World pepper prices
According to an update from the International Pepper Association (IPC) on January 19 (local time), Lampung black pepper price (Indonesia) increased by 0.03% compared to January 18.
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) |
||
|
January 18 |
January 19 |
% change |
|
|
Lampung black pepper (Indonesia) |
3,912 |
3,913 |
0.03 |
|
Brazilian black pepper ASTA 570 |
3,470 |
3,470 |
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 0.02% 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) |
||
|
January 18 |
January 19 |
% change |
|
|
Muntok white pepper |
6.168 |
6.169 |
0.02 |
|
ASTA Malaysian white pepper |
7,300 |
7,300 |
0 |
Entering 2024, the Vietnam Pepper Association (VPA) said it will actively support businesses trading, importing and exporting spices and promoting investment attraction and financial support. , technical from organizations.
Especially international organizations, for sustainable development, contribute to improving product quality, developing brands, and taking advantage of the benefits from international integration to promote Vietnamese spice products. to the world market.
The goal is that by 2025, the export turnover of the entire pepper and spice industry will reach around 2 billion USD, with a total output of 400,000 – 500,000 tons, with the orientation of sustainable development of the pepper and spice industry to making Vietnam the first choice destination in the global spice supply chain.
To do this, VPA will focus on the strategy of diversifying industries, markets, and products, increasing added value in the structure of pepper and spice products.
In addition, VPA will support small and medium-sized enterprises and farmers to control pesticide residues in pepper; chain production links; Promote communication and replication of safe pepper production models…
At the same time, to ensure sustainable development of the pepper industry, preparation for new regulations from the EU is essential.
EU regulations on anti-deforestation, not causing harm to forests, initially apply to 6 commodity industries: coffee, soybeans, wood, cattle, cocoa, rubber, and may soon apply to lakes. pepper. VPA recommends that businesses in the pepper industry need to prepare in advance for this regulation, according to Banking Times.
The VietnamBiz.vn
