Pepper prices today (April 18) ranged from 66,000 to 71,000 VND / kg. In the past 6 days, the pepper market went down simultaneously, provinces and cities decreased deeply from 2,500-4,000 VND / kg.
Pepper prices This week, in general, still maintained a downtrend in all key provinces.
Compared to the beginning of the week, the two provinces of Dak Lak and Dak Nong decreased by 2,500 VND / kg, with the same record of 69,500 VND / kg.
After losing VND 3,000 / kg, three provinces of Dong Nai, Binh Phuoc and Ba Ria – Vung Tau respectively traded at 68,000 VND / kg, 70,000 VND / kg and 71,000 VND / kg.
Similarly, in Gia Lai province, pepper was purchased at the lowest price according to the survey at VND66,000 / kg.
Price volatility in the past week. Unit: VND / kg. Collection: Thao Vy
Update world pepper prices
The world pepper market last week recorded mixed reactions. In the domestic market, Malabar black pepper saw a 3% deficit, down to 5,166 USD / ton. The reason may be due to the weakening rupee against the US dollar.
Indonesia’s black and white pepper prices decreased by 1% and 4% respectively, currently at US $ 3,144 / ton and US $ 6,015 / ton. The drop in pepper prices in this country is partly due to the 1% drop in rupiah value against the dollar. At the same time, Bangka province is now dominated by pepper speculators.
In the opposite direction, in Malaysia, black and white pepper were purchased for $ 2,979 / ton and $ 4,387 / ton respectively, recording an increase of 5% and 3%, respectively.
According to the International Pepper CommunityDuring the past week, only Chinese white pepper did not appear to have new fluctuations, continuing to be traded at the old prices.
According to VietnamBiz
