In October 2020, black pepper prices of Vietnam and Indonesia increased significantly, Chinese white pepper prices increased sharply, while Malaysian black and white pepper prices both declined, according to the International Pepper Community. IPC).
According to preliminary data reported by the General Department of Vietnam Customs, pepper exports in October 2020 reached 21,658 tons of all kinds of pepper, up 3,380 tons, or up 18.49% over the previous month and up 4,686 tons. which is 27.61% higher than the same period last year.
The value of pepper export turnover in the month reached 53.76 million USD, up 7.99 million USD, which means an increase of 17.47% over the previous month and 12.77 million USD, which is 31.15% higher than in the same period last year.
The accumulated export volume of pepper in the first 10 months of 2020 totaled 241,770 tons of pepper of all kinds, down 8,865 tons, or 3.54% lower than the export volume of the first 10 months of 2019. Therefore, the value of needles Export turnover in the first 10 months of 2020 reached a total of 543.74 million USD, a decrease of 90.93 million USD, or a decrease of 14.34% over the same period.
Average export price in October 2020 reached 2,482 USD / ton, down 0.88% compared to the average export price of September 2020.
According to English (giacaphe.vn)
