November 23, 2024 | 12:25 GMT +7
November 23, 2024 | 12:25 GMT +7
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Pepper prices today on May 30 in the world market decreased slightly in Indonesia but remained stable in other countries.
Accordingly, the price of Lampung black pepper in Indonesia decreased by 0.11% to $3,588/ton. The country's price of Muntok white pepper is down 0.1%, at $6,103/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 being listed by the International Pepper Community decreased slightly and was flat in other markets.
According to statistics from China Customs, the country imported more than 1,000 tons of pepper in March 2023, worth $4.18 million.
Compared to February 2023, China's pepper imports increased by 207.7% in volume, 157.3% in value compared to February 2023. Compared to March 2022, the price increased by 21.8% in volume and 14.1% in value.
In the first quarter of 2023, China's pepper imports from the world reached 1.58 thousand tons, worth approximately $7.25 million, up 9.2% in volume and 9.9% in value compared with the same period last year.
Also as recorded in March 2023, the average import price of Chinese pepper reached $4,175/ton - the lowest level since July 2021, down 16.4% compared to February 2023 and down 6.3% compared to March 2022.
Thus, today's pepper price on 05/30/2023 in the world market decreased slightly in Indonesia compared to yesterday.
Pepper's price on May 30 in the domestic market increased sharply compared to yesterday.
Specifically, the price of pepper in Dak Lak and Dak Nong today increased by VND 1,000, to VND 74,000/kg;
Today's pepper price in Gia Lai also increased strongly, trading at VND 72,500/kg;
Today's pepper price in Dong Nai is purchased at VND 72,500/kg; an increase of VND 1,000.
The latest pepper price today in Ba Ria - Vung Tau increased sharply to the threshold of VND 75,000/kg;
The price of pepper in Binh Phuoc today, May 30, trading at VND 74,500/kg; increased sharply by VND 1,000.
Domestic pepper prices today simultaneously increased sharply, increasing again to the mark of VND 75,000/kg. And the cause of the increase still comes from concerns about supply shortage.
Experts said that if the cutting of pepper to switch to fruit trees lasts, maybe in the next 3 years there will be a shortage of pepper supply. If Vietnam's output falls deeply in the next 3 years due to a wave of crop displacement, farmers may lose out.
With the current price, the farmer has made a profit. However, the economic efficiency of this crop is still underestimated compared to many other crops (such as durian). Therefore, pepper trees have not been able to "entice" people to replant.
Thus, today's pepper price on 05/30/2023 in the domestic market is trading around VND 72,500 - 75,000/kg.
$1 = VND 23,285.00 - Source:Vietcombank
Translated by Hoang Duy
(VAN) Pepper prices on November 21, 2024, decreased by VND 500 - 1,000. Domestic pepper prices are trading around the range of VND 138,000 - 139,500/kg.
(VAN) Rice prices on November 21, 2024, have stabilized. For exports, the price of Vietnamese rice has decreased significantly, ranging from $ 4-13/ton.
(VAN) Live pig prices on November 21, 2024, fluctuated by VND 1,000. The live pig market in all three regions is trading around VND 60,000 - 63,000/kg.
(VAN) Coffee prices on November 21, 2024, are stable. Domestic coffee prices are at VND 112,800 - 113,400/kg, increased by VND 6,000 over this week.
(VAN) Live pig prices on November 20, 2024, increased by VND 1,000 in some areas. The live pig market across the 3 regions is trading at VND 60,000 - 63,000/kg.
(VAN) Rice prices on November 20, 2024, shows a slight upward trend for both categories. Regarding exports, Vietnamese rice prices remain stable.
(VAN) Pepper prices on November 20, 2024, only increases slightly in Dak Lak. The domestic pepper price is still trading around VND 138,500 - 140,000/kg.