February 25, 2025 | 07:48 GMT +7
Hotline: 0913.378.918
February 25, 2025 | 07:48 GMT +7
Hotline: 0913.378.918
Update on the latest pepper market price on 05/15/2023
Pepper prices on May 15 in the world market went sideways across many countries.
Accordingly, the price of Lampung black pepper in Indonesia is pegged at $ 3,565/ton. And the price of Muntok white pepper in this country is $ 6,043 / ton.
Malaysia's Kuching ASTA black pepper price remained stable at $ 4,900/ton; while the country's ASTA white pepper is still priced at $ 7,300/ton.
For the Brazilian market, the price of black pepper ASTA 570 is $ 2,950/ton.
In Vietnam, the export price of 500 and 550 g/l black pepper is $ 3,500 and $ 3,600/ton, respectively. The export price of white pepper is $ 5,000/ton.
Today's world pepper price continues to have no new changes in all export markets.
Summarizing last week, no country in the world's pepper market reported a decrease.
Meanwhile, Indian pepper prices continued to remain stable. Meanwhile, Indonesian pepper prices fluctuated slightly. The price moved sideways in white pepper but increased slightly in black pepper.
Thus, today's pepper price on May 15, 2023, in the world market remained stable compared to yesterday.
Pepper's price on May 15 in the domestic market is sideways compared to yesterday.
Specifically, the price of pepper in Dak Lak and Dak Nong today remained at VND 73,000/kg;
Today's pepper price in Gia Lai is trading at VND 72,000/kg;
Today's pepper price in Dong Nai is purchased at VND 73,000/kg;
The latest pepper price today in Ba Ria - Vung Tau is VND 75,500/kg;
And Binh Phuoc pepper price today 15/5 traded at 75,000 VND/kg.
Domestic pepper price today is still stable, with the highest price of VND 75,500/kg.
Last week, the domestic pepper market increased sharply by up to VND 1,500/kg in the Southeast provinces and VND 1,000/kg in the Central Highlands.
According to a report from the Vietnam Pepper and Spices Association, the export situation of pepper in the first 4 months of 2023 of our country increased sharply.
By the end of April 2023, our country has exported 103,018 tons of pepper. In which, black pepper reached 93,982 tons, while white pepper reached 9,036 tons.
Especially, pepper exports to Asia increased by 77%; accounting for 60.2% market share. In particular, China continues to be the main export market of Vietnamese pepper.
In the first 4 months of 2023, China imported 35,914 tons of pepper, up 1,430.2% over the same period.
Thus, today's pepper price on 05/15/2023 in the domestic market is trading around VND 72,000 - 75,500/kg.
Translated by Hoang Duy
(VAN) Pepper prices on February 24, 2025, remain stable in domestic and global markets. Domestic pepper prices are holding high around VND 160,000 - 162,000/kg.
(VAN) Coffee prices on February 24, 2025, remain unchanged in domestic and global markets. Domestic coffee prices continue to trade at VND 132,800 - 134,000/kg.
(VAN) A discussion about global soybean exports cannot proceed without mention of Brazil or the United States, because together they fuel 85% of total shipments each year.
(VAN) Retail fertilizer prices tracked by DTN for the second week of February 2025 continued to show most nutrients are more expensive with three fertilizers noticeably higher.
(VAN) Coffee prices on February 21, 2025, saw a sharp decline globally. Domestic coffee prices dropped by VND 1,500, trading at VND 130,700 - 132,000/kg.
(VAN) Pepper prices on February 21, 2025, slightly decreased in Indonesia, while domestic prices remained stable, trading around VND 160,000 - 162,500/kg.
(VAN) Pepper harvest in Gia Lai has commenced, and the producers are filled with optimism as prices continue to increase. Local authorities have recommended that development remain consistent without the expansion of cultivation areas.
