Pepper price today (May 30) fluctuates between 69,000 – 72,500 VND/kg. In the past 6 days, the pepper market fluctuated sharply, with local increases from 4,000 VND/kg to 6,000 VND/kg.
Update domestic pepper prices
Pepper price This week in key provinces and cities adjusted significantly to the upward trend.
Compared to the beginning of the week, Dong Nai province increased to 6,000 VND/kg, recording the threshold of 70,000 VND/kg.
Similarly, after an increase of 4,000 VND/kg, the provinces of Dak Lak, Gia Lai, Dak Nong, Binh Phuoc and Ba Ria – Vung Tau are currently trading in the range of 69,000 – 72,500 VND/kg.
In which, the highest price is available in Ba Ria – Vung Tau province.
Price volatility in the past week. Unit: VND/kg. Summary: Thao Vy
Update world pepper prices
In India, educational institutions are expected to reopen in June, leading to an increase in demand for pepper in local school products.
This has forced pepper growers to liquidate their pepper stock during the last weeks of May to mid-June, said Mr. Kishore Shamji, Coordinator of Indian Spice and Pepper Growers Association in Kerala. .
Although the local government allows the transportation of raw materials from the primary market, the pandemic is creating challenges for merchants in buying and selling spices in the market.
The blockade situation is adversely affecting the amount of pepper shipped to the Kochi market, typically almost no shipments have been traded for more than a week.
Against this backdrop, pepper prices have been revised upwards by Rs 12/kg, touching Rs 382/kg for unselected and Rs 402/kg for selected varieties. News Bundle Online news.
According to VietnamBiz
