However, gpepper Average export in July 2020 increased by 7.98% compared to the previous month’s average export price.
Read more: Vietnam: Pepper exports in June 2020 plummeted
According to preliminary data reported by the General Department of Vietnam Customs, pepper exports in July 2020 reached 18,026 tons of pepper of all kinds, down 2,423 tons, or down 11.85% from the previous month and down 4,967 tons. , ie down 21.60% over the same period last year.
The value of pepper export turnover in the month reached 44.88 million USD, down 2.29 million USD, or by 4.85% compared to the previous month and down 13.66 million USD, or 23.34% lower than the previous month. in the same period last year.
The accumulated export volume of pepper in the first 7 months of 2020 totaled 184,571 tons of pepper of all kinds, down 15,010 tons, or 7.52% lower than the export volume of the first 7 months of 2019.
In terms of export turnover value in the first 7 months of 2020, a total of 400.35 million USD is reached, down 109.44 million USD, or 21.47% lower than the same period.
Average export price in July 2020 reached USD 2,490 / ton, up 7.98% compared with the average export price of June 2020.
Statistics of the International Pepper Community (IPC) showed that world pepper prices in July 2020 continued to fluctuate in mixed directions. In which, Vietnamese pepper prices (black pepper 550 Gr / l decreased slightly by 0.8%, black pepper 500 Gr / l and white pepper remained unchanged) and Malaysian pepper price (FAQ black pepper increased by 3.65%, Kuching white pepper increased. up 2.57% and Pinang white pepper decreased slightly by 0.05%), while Indonesian black pepper increased sharply by 10.41%, Indian black pepper increased by 0.11% and Hainan white pepper increased by 3, 16% of the price at the beginning of the month.
The pepper farming community in the southern Indian states has reiterated the request for the Spice Board to limit the import of pepper from Sri Lanka along the border trade. They argue that the minimum import price of pepper not only reduces the income of Indian pepper growers, but also causes the country’s foreign exchange losses. In July, about 738 tons of pepper were imported from the neighboring island country, bringing the total number of pepper imported from Sri Lanka in the first 7 months of 2020 to 1,455 tons at an average price of Rs 318 / kg.
According to English (giacaphe.vn)
