Pepper prices today (April 23) ranged from 64,000 to 67,000 VND/kg. In the past 6 days, the pepper market tended to move sideways, then increased slightly at the end of the week. Compared to the beginning of the week, the key provinces recorded an increase of 1,000 VND/kg.
Update domestic pepper prices
Pepper price This week, it continued to move sideways, but on Friday (April 21) and Saturday (April 22), the purchasing price in key provinces in the country simultaneously increased by 500 VND/kg.
According to the survey, the lowest price at the weekend of 64,000 VND/kg was recorded in Gia Lai province. Better than Dong Nai province with 64,500 VND/kg.
Currently, the two provinces of Dak Lak and Dak Nong have the same purchasing price of 65,000 VND/kg.
Similarly, pepper prices in Binh Phuoc and Ba Ria – Vung Tau are at 66,000 VND/kg and 67,000 VND/kg, respectively.
Volatility pepper price in this week. Unit: VND/kg. Synthetic: Peaceful
Update pepper information
According to a survey until mid-March 2023, about 70% of pepper area in the country has been harvested, but like previous years, farmers and agents tend to keep unsold goods because they are waiting for opportunities to increase. price. Currently, many households only sell just enough to cover short-term expenses.
The gardeners said that this year, pepper production decreased sharply due to the narrowing of the area, the loss of the crop, the price of pepper may increase, so many people are hoarding goods waiting for the price increase.
In addition, the high demand of the Chinese market is also expected to help the pepper market continue to prosper in the near future.
Meanwhile, the Export Department import (Ministry of Industry and Trade) said that the global pepper market tends to recover due to increased demand from importers.
According to the Vietnam Pepper Association (VPSA), in the first quarter of this year, Vietnam’s pepper trading activities will be more exciting because the harvest season has just ended and the pepper products are still new. In the third and fourth quarters, customers will look to countries such as Brazil and Indonesia to buy because this is the time of pepper harvest of these two countries.
According to VietnamBiz.vn
