Pepper prices today 15/5/2020: The prices of Central Highlands pepper have increased sharply

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Pepper prices today 15/5, surveyed in key pepper growing areas in the South, Central Highlands showed that prices of pepper increased shock 500- 1,000 VND / kg on a large scale.

Pepper prices today 15/5, surveyed in key pepper growing areas in the South, Central Highlands showed that prices of pepper increased shockly 500- 1,000 VND / kg on a large scale

Pepper price today 15/5

Update pepper price today 15/5, survey of some local pepper growing areas in the South and Central Highlands noted after the sudden change, pepper prices increased shock 500- 1,000 VND / kg on a large scale

Accordingly, prices of pepper in the Central Highlands and the South have increased by VND 500-1,000 / kg in most localities in the Central Highlands and Southern key pepper regions. Meanwhile, world pepper prices decreased.

Pepper prices today were the highest at VND 43,000 / kg, recorded in Ba Ria – Vung Tau, the lowest was VND 40,000 in Gia Lai.

Specifically, prices of pepper in Dak Nong (Gia Nghia) and Dak Lak (Ea H’leo) increased by VND 500 / kg to VND 41,000 / kg.

Pepper prices in Ba Ria – Vung Tau provinces also increased by VND 500 / kg to VND 42,500 / kg.

Pepper price in Binh Phuoc increased by VND 500 / kg to VND 42,000 / kg.

Particularly, pepper prices in Dong Nai increased VND 1,000 / kg to VND 41,000 / kg.

Pepper price in Gia Lai increased by VND 300 / kg, to VND 40,000 / kg. This is still the lowest price in the Central Highlands provinces and the South.

This is still the lowest price in the Central Highlands provinces and the South. In the context of complicated COVID-19 epidemic, slowing exports, Vietnamese pepper needs to upgrade processing to improve product value and at the same time improve competitiveness in the world market during the period. next time.

World pepper prices

Spot prices of world pepper at Kochi (India) fell 200Rupi / quintal, or 0.60%, to Rs 32,900 / quintal. Pepper prices for April delivery were unchanged, at Rs 32,530 a quintal. September pepper price (SMX – Singapore) in September remained stable at 6,500 USD / ton.

Calculated from the statistics of the International Trade Commission (ITC), the Dutch pepper import in January 2020 reached 919 tons, worth 3.51 million USD, down 13.6% in volume. and down 21.5% in value compared to January 2019.

Pepper import price of the Netherlands at this time reached 3,820 USD / ton, down 9.1% compared to January 2019, the Ministry of Industry and Trade said.

In particular, the average import price of Dutch pepper from Vietnam reached 3,217 USD / ton, down 24.3%; Brazil reached 2,485 USD / ton, down 5.7%; Indonesia reached 3,835 USD / ton, down 23.9%.

Notably, the average import price of Dutch pepper from some sources reached a high level and increased over the same period in 2019, such as: Germany reached 9,350 USD / ton, up 52.6%; Sri Lanka increased by 5.1% to USD 9,082 / ton; India increased by 20.8% to 8,250 USD / ton.

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