Pepper price today on September 27, 2024 averages 147,000 VND/kg, down -1,400 VND/kg compared to the previous day.
In the world market, the International Pepper Association has just updated and adjusted the prices of Indonesian black and white pepper back, while the price of Brazilian black pepper has recovered.
Outstanding information:
– According to data from the US International Trade Commission (USITC), US pepper imports in July reached 10,259 tons, a sharp increase of 25.5% over the previous month and up 54.1% over the same period. last year. In the first 7 months of the year, this number reached 55,922 tons with a value of 267.2 million USD, an increase of 38.7% in volume and 43.9% in value over the same period. Of which, Vietnam provided 78% of the total volume of pepper imported into the US in the first 7 months of the year, with a volume of 43,447 tons, worth 204.2 million USD, an increase of 37% in volume and an increase of 46.2%. % in value compared to the same period last year.
– Currently, Vietnam’s pepper industry still has an advantage in the EU market, thanks to quality supply and competitive prices. However, to increase the value of pepper in the future, Vietnam needs to aim to produce organic spices for export, meeting global tastes in general and the EU market in particular.
