Pepper price today 27/5, after a strong increase on Monday with an increase of 1,500 VND / kg across the region, today's pepper prices in the Central Highlands and the South are flat.
Pepper prices today 27/5, after a strong rise on Monday with an increase of 1,500 VND / kg across the region, today's pepper prices in the Central Highlands and the South are flat.
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Pepper price today 27/5
Update pepper price today 27/5, survey of the key growing regions Central Highlands and the South recorded the highest level 4700 VND / kg.
At the beginning of this morning (May 27), pepper prices in the Central Highlands and the South temporarily waited for new gains.
Pepper prices today were the highest at VND 47,000 / kg, recorded in Ba Ria – Vung Tau, the lowest was VND 45,000 in Dong Nai.
Specifically, pepper prices in Dak Nong (Gia Nghia) and Dak Lak (Ea H’leo) are selling at VND 45,500 / kg.
Pepper price in Gia La was traded at VND 45,500 / kg after increasing VND 1,500 / kg earlier this week
Pepper prices in Ba Ria – Vung Tau provinces increased to VND 47,000 / kg at the beginning of the week.
Pepper price in Binh Phuoc also increased to VND 46,000 / kg.
Pepper prices in Dong Nai also increased to VND 45,000 / kg. This is still the lowest price in the Central Highlands provinces and the South.
World pepper prices
Spot prices of world pepper at the Kochi (India) market moved sideways at Rs 32,600 a quintal. Pepper prices for May delivery were unchanged at Rs 20,530 a quintal. September pepper price (SMX – Singapore) in September remained stable at 6,500 USD / ton.
In India, pepper growers do not want to sell at current prices. This has affected the source of goods to the focal market, according to The Hindu BusinessLine.
Although pepper price remained stable at 305 rupees / kg at Kochi on May 22, the trading volume was only 7 tons.
According to Kishor Shamji of Kishor Spices, because of dissatisfaction with the current price, farmers do not ship goods to primary markets, forcing traders to transfer a limited amount of goods to the wholesale market.
The latest report from the Ministry of Industry and Trade said that the purchasing demand for pepper of businesses increased sharply, while people restricted selling, causing the price of pepper to increase.
This trend is expected to continue in the coming time due to stable export volume to China.
Prices at Kochi remained stable at 307 rupees for shelled pepper, while MG1 shelled pepper was traded at 327 rupees. New pepper now costs 297 rupees.
