Demand for winter and year-end consumption has prompted the market to increase buying, while inventory in major consumer markets is also not much due to limited trade due to the covid-19 epidemic forcing the implementation of commune gap. festival.
Read more : >> Vietnam: pepper exports in August 2020 continued to decrease in both quantity and price.
According to preliminary data reported by the General Department of Vietnam Customs, pepper exports in September 2020 reached 18,278 tons of all kinds of pepper, up 933 tons, or 5.38% over the previous month and up 3,329 tons. , ie an increase of 22.27% over the same period last year.
The value of pepper export turnover in the month reached 45.77 million USD, up 2.4 million USD, or 5.54% higher than the previous month and 8.93 million USD, or 24.24% higher than that of the previous month. in the same period last year.
The accumulated export volume of pepper in the first 9 months of 2020 totaled 220,193 tons of pepper of all kinds, down 13,469 tons, or 5.76% lower than the export volume of the first 9 months of 2019.
At the same time, the value of export turnover in the first 9 months of 2020 totaled 489.46 million USD, down 103.55 million USD, or 17.45% lower than the same period.
Average export price in September 2020 reached 2,504 USD / ton, up 0.16% compared to that of August 2020.
According to IPC statistics, world pepper prices in September 2020 increased steadily in all producing countries. Most notably, Indian specialty black pepper MG1 increased by 3.42%, Vietnamese black pepper grade 550 Gr / l-ASTA increased by 3.32% and grade 500Gr / l-ASTA increased by 3.43%. While Indonesian black pepper ASTA increased only 0.72% due to being in the main harvest this year.
According to English (giacaphe.vn)
