Pepper prices today (November 15) in the domestic market increased simultaneously by 500 VND/kg, with the highest level being 70,000 VND/kg in Ba Ria – Vung Tau.
Domestic pepper prices
See more: Pepper prices today November 16
According to the survey, pepper price is in the range of 66,500 – 70,000 VND/kg in the domestic market after being adjusted to increase simultaneously by 500 VND/kg.
After the fluctuations, Gia Lai and Dong Nai are recording prices of 66,500 VND/kg and 67,000 VND/kg, respectively.
In Dak Lak and Dak Nong, pepper is being purchased at the same price of 67,500 VND/kg.
Similar, Pepper price today in Binh Phuoc and Ba Ria – Vung Tau increased to 69,000 VND/kg and 70,000 VND/kg, respectively.
|
Province/district (survey area) |
Purchasing price (Unit: VND/kg) |
Change compared to yesterday (Unit: VND/kg) |
|
Dak Lak |
67,500 |
+500 |
|
Gia Lai |
66,500 |
+500 |
|
Dak Nong |
67,500 |
+500 |
|
BA Ria Vung Tau |
70,000 |
+500 |
|
Binh Phuoc |
69,000 |
+500 |
|
Dong Nai |
67,000 |
+500 |
World pepper prices
According to an update from the International Pepper Association (IPC) on November 14 (local time), the price of Lampung black pepper (Indonesia) increased by 0.10% compared to November 13.
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) |
||
|
November 13 |
November 14 |
% change |
|
|
Lampung black pepper (Indonesia) |
4,073 |
4,077 |
0.10 |
|
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 increased by 0.10% 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) |
||
|
November 13 |
November 14 |
% change |
|
|
Muntok white pepper |
6.171 |
6.177 |
0.10 |
|
ASTA Malaysian white pepper |
7,300 |
7,300 |
0 |
Recorded from the latest report of Department of Import and Export (Ministry of Industry and Trade)in the third quarter of 2023 compared to the second quarter of 2023, Vietnam’s pepper exports to all regions decreased.
The lowest decrease was 9.5% in Europe; The highest decrease of 38.3% was in Oceania. Compared to the third quarter of 2022, Vietnam’s pepper exports to most regions decreased, except for Asia, which increased by 24.4%.
Also during this period, Vietnam’s pepper exports to many markets decreased compared to the second quarter of 2023, but to markets of India, Korea, Russia… increased.
Compared to the third quarter of 2022, pepper exports to the US, Netherlands, and United Arab Emirates markets decreased; On the contrary, exports to China, India, Germany, South Korea, and Russia increased sharply.
In addition, exports of most pepper varieties decreased, except for ground white pepper, which increased by 11.1%. Compared to the third quarter of 2022, exports of most pepper types decreased, except for white pepper, which increased by 9.5%.
According to VietnamBiz.vn
