In the domestic market
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See more: Pepper prices today November 17
Pepper price today No new fluctuations were recorded, fluctuating around 139,000 – 140000 VND/kg.
In the Central Highlands region, Traders in Dak Nong province purchased pepper at the highest price of 140,000 VND/kg.
Followed by pepper price In Dak Lak province at 139,500 VND/kg, Gia Lai reached 139,000 VND/kg.
In the Southeast region, pepper prices in Ba Ria – Vung Tau, Binh Phuoc and Dong Nai provinces were purchased at 139,000 VND/kg.
|
Province/district (survey area) |
Purchase price November 18 (Unit: VND/kg) |
Change compared to the previous day (Unit: VND/kg) |
| Dak Lak |
139,500 |
– |
| Gia Lai |
139,000 |
– |
| Dak Nong |
140,000 |
– |
| Ba Ria – Vung Tau |
139,000 |
– |
| Binh Phuoc |
139,000 |
– |
| Dong Nai |
139,000 |
– |
On the world market
Update from the International Pepper Association (IPC), at the end of the most recent trading session, the price of Lampung Indonesian black pepper was listed at 6,470 USD/ton.
The price of Brazilian black pepper ASTA 570 is also stable at 6,000 USD/ton, and Kuching Malaysian black pepper is priced at 8,400 USD/ton.
Price of black pepper 500 g/l and 550 g/l export of Vietnam continues to fluctuate between 6,200 – 6,500 USD/ton.
|
Type name |
World black pepper price list |
|
|
November 18 (Unit: USD/ton) |
% change compared to the previous day |
|
|
Lampung black pepper (Indonesia) |
6,470 |
– |
|
Brazilian black pepper ASTA 570 |
6,000 |
– |
|
Kuching black pepper (Malaysia) ASTA |
8,400 |
– |
|
Vietnamese black pepper (500 g/l) |
6,200 |
– |
|
Vietnamese black pepper (500 g/l) |
6,500 |
– |
At the same time of the survey, the price of Indonesian Muntok white pepper reached 9,055 USD/ton. While Vietnamese white pepper and Malaysian white pepper stood at higher levels of 9,400 USD/ton and 10,500 USD/ton.
|
Type name |
World white pepper price list |
|
|
November 18 (Unit: USD/ton) |
% change compared to the previous day |
|
|
Muntok Indonesian white pepper |
9,055 |
– |
|
ASTA Malaysian white pepper |
10,500 |
– |
|
Vietnamese white pepper |
9,400 |
– |
Update pepper information
According to data from the General Department of Vietnam Customs, the US was Vietnam’s largest pepper export market in the first 10 months of the year with a volume of 64,112 tons, worth 337.8 million USD, a sharp increase of 48.25%. in volume and 95.2% in value compared to the same period last year, accounting for 29.3% in volume and 30.4% of our country’s total pepper export value.
Pepper export price to this market in 10 months reached an average of 5,269 USD/ton, an increase of 31.7%.
According to data from the US International Trade Commission (USITC), import US pepper in September reached 9,793 tons, up 32.8% over the previous month and up 57.6% over the same period last year.
Overall, in the first 9 months of the year, this country’s pepper imports reached 73,087 tons, worth 365.5 million USD, an increase of 43.3% in volume and 55.8% in value compared to the same period last year.
Of which, Vietnam is the largest pepper supplier to the US market, with an output of 56,820 tons, worth 281.3 million USD, an increase of 42.8% in volume and an increase of 60.1% in value compared to the same period last year. period last year. Vietnam’s pepper market share in total US imports accounts for 77.7% of the total volume and 77% of the total value.
US pepper imports from other major markets also increased in the first 9 months of the year such as India increased by 27.5%, Indonesia increased by 88.5%, Brazil increased by 88.8%…
The Import-Export Department (Ministry of Industry and Trade) said that in the first months of this year, despite many risks to the world economy, inflationary At a high level, geopolitical tensions persist, but pepper consumption demand in many large-capacity markets still increases, except for Japan.
In addition, increased pepper prices have a positive impact on export activities of producing countries, including Vietnam. In the remaining months of this year, the inflation situation shows signs of improvement, along with cyclical factors that will help boost demand for pepper consumption.
According to VietnamBiz.vn
