Pepper prices today 23/3: Prices of Central Highlands and the South are flat

Pepper prices today 23/3, prices of Central Highlands, the South are going through a difficult time, “black gold” once became a burden for many farmers.

Pepper prices today 23/3, prices of Central Highlands, the South are going through a difficult time,

Pepper prices today 23/3, prices of Central Highlands, the South are going through a difficult time, “black gold” once became a burden for many farmers..

Pepper price today 23/3

Opening the first trading session of the week, pepper prices in the Central Highlands (Dak Lak, Dak Nong, Gia Lai) and the South (Phu Quoc, Ba Ria Vung Tau, Dong Nai, Binh Phuoc) fluctuated between 36,000 and 39,500 VND / kg.

The negative development of the Covid-19 epidemic caused the decline in the consumption of agricultural commodities including pepper and the “supply is exceeding demand”, making it difficult for prices to rise before the new harvest.

The whole region recorded the highest pepper price at VND 39,500 / kg recorded in Ba Ria – Vung Tau, the lowest was VND 36,000 in Dong Nai.

Specifically, today's pepper price in Chau Duc (Ba Ria – Vung Tau) is 39,500 VND / kg, this is the locality with the highest pepper price in the whole region.

Prices of Dak Lak (Ea H’leo) and Dak Nong (Gia Nghia) are also high at VND 38,000 / kg.

Pepper price today in Dong Nai is priced at 36,000 VND / kg.

Particularly, pepper price in Gia Lai (Chu Se) decreased by VND 500 / kg to the lowest level of the whole region, Dong Nai was VND 36,000 / kg.

Binh Phuoc pepper prices were kept at VND 38,500 / kg.

Pepper prices today 23/3, updated the latest pepper price increase Southern, Central Highlands, today's pepper prices Phu Quoc, Vung Tau, Dong Nai

On the world market, at Kochi floor – India, the spot price of pepper lost 350 rupees, or 1.06% pegged at 32,785 rupees per quintal. The price for March term pepper dropped by 33.65 rupees, or 0.1%, to Rs 32,530 a quintal.

According to preliminary data of the General Department of Vietnam Customs, pepper exports in February 2020 reached 25,609 tons of all kinds of pepper, an increase of 10,933 tons, an increase of 74.5% compared to the previous month and an increase of 9,216 tons. , an increase of 56.22% over the same period last year.

The value of pepper export turnover in the month reached US $ 57.03 million, an increase of US $ 21.18 million, an increase of 59.07% over the previous month and an increase of US $ 13.61 million, an increase of 31.33% compared to the previous month. in the same period last year.

Accumulated export volume of pepper in the first 2 months of 2020 totaled 40,243 tons of pepper of all kinds, an increase of 4,573 tons, an increase of 12.82% compared to the export volume in the first 2 months of 2019.

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