Update domestic pepper prices
Pepper price This week, there is a downward trend in key provinces in the country. Compared to the beginning of the week, the purchasing price decreased by 500-1,000 VND/kg.
Currently, the lowest price is 70,500 VND/kg, both in Gia Lai and Dong Nai provinces.
Also recording the price of 72,000 VND/kg are the two provinces of Dak Lak and Dak Nong. Better is Binh Phuoc province with the price of 72,500 VND/kg.
The purchase price of pepper in Ba Ria – Vung Tau province is currently the highest in the provinces, reaching 73,500 VND/kg.
Price volatility in the past week. Unit: VND/kg. Summary: Thao Vy
Update information on world pepper
According to data from the Brazilian State Center for Foreign Trade Statistics (Comex Stat), Brazil’s pepper exports in May only reached 4,767 tons, down 36% from the previous month and down 44% over the same period last year.
Accumulated in the first 5 months of the year, Brazil’s pepper exports have decreased by 20.9% over the same period, to 32,425 tons. In particular, exports to the UAE, Germany, the US, Pakistan, etc. all decreased sharply.
However, Vietnam – the world’s leading pepper exporter, is becoming Brazil’s largest customer with a volume of 6,281 tons after 5 months, a sharp increase of 50% over the same period last year and the highest level. the most so far.
The price of pepper that Vietnam imports from Brazil averaged 3,856 USD/ton (FOB), up 55.7% over the same period but still several hundred USD lower than Brazil’s selling price to markets such as Germany and India India, America,…
According to VietnamBiz.vn
