Today’s pepper prices in the country today are 22/1/2021 VND 50 million / tael. Meanwhile, world pepper prices continued to increase slightly.
Update the latest pepper prices today January 22, 2021
Domestic pepper prices today
Pepper prices today January 22 in the country continued to go sideways.
Specifically, pepper prices in Dak Lak and Dak Nong provinces today purchased at VND 51,000 / kg.
Today’s pepper price in Gia Lai province is traded at VND 50,000 / kg.
Today’s pepper prices in Dong Nai were purchased at 51,000 VND / kg.
In Ba Ria – Vung Tau, pepper prices today remained unchanged at VND 52,500 / kg.
In Binh Phuoc province, pepper prices today traded at 51,500 VND / kg.
According to observers, in the first half of January 2021, pepper exports reached more than 7,000 tons. It is expected that the second half of the first month of this year will increase, leading to a slight increase in prices. Because the new crop in Dak Nong is currently about 2 weeks behind schedule due to the adverse effects of the weather.
During this time, companies and agents were forced to raise prices to consolidate the January export contracts. However, after the January delivery finishes, exporters will stop buying and continue to pressure to lower prices.
Thus, the price of pepper today 22/1/2021 in the domestic market is trading at 50,000 – 52,500 VND / kg.
World pepper prices today
In the world market, pepper prices today January 22 continue to increase.
At the end of the latest session, spot pepper prices increased by 125 rupees / quintal (0.36%) at Rs 34,625 / quintal.
Pepper prices in India are slightly increasing due to extreme weather in pepper growing areas of Kerala, which has caused farmers to delay harvesting during the current crop.
It is forecasted that the harvested pepper output of India will be lower in 2021 because a part of the crop is damaged by the erratic weather.
Thus, the price of pepper today 22/1/2021 in the world market continued to increase.
According to NNVN
