November 13, 2024 | 02:38 GMT +7

  • Click to copy
Friday- 15:43, 14/06/2024

Pepper price on 06/14/2024: Strong increase again

(VAN) Pepper price on 06/14/2024 has rebounded strongly by VND 6,000. Currently, the domestic pepper price is trading around VND 160,000 - 162,000/kg.
Updated domestic and global pepper prices on 06/14/2024

Updated domestic and global pepper prices on 06/14/2024

Pepper prices on June 14 globally

On the global market, pepper prices on June 14 showed mixed movements.

Accordingly, the price of Lampung black pepper in Indonesia increased slightly by 0.06%, reaching $ 6,452/ton. Meanwhile, the price of Muntok white pepper in this country rose by 0.07%, to $ 8,422/ton.

The price of Kuching ASTA black pepper in Malaysia remained stable at $ 4,900/ton; while the price of ASTA white pepper in this country was still at $ 7,300/ton.

In the Brazilian market, the price of ASTA 570 black pepper dropped sharply by 3.66%, down to $ 8,200/ton.

In Vietnam, the export price for 500 g/l black pepper was $ 7,800/ton; while the 550 g/l type remained at $ 8,000/ton. The export price for white pepper was stable at $ 12,000/ton.

Global pepper prices today showed slight increases in Indonesia but sharp declines in Brazil and remained stable in other markets.

Thus, the global pepper prices on 06/14/2024, experienced mixed changes compared to yesterday.

Pepper prices on June 14 domestically

In the domestic market, pepper prices on June 14 saw a strong resurgence compared to yesterday.

Specifically, in Dak Lak, prices held steady at VND 160,000/kg for purchasing pepper.

Dak Nong saw an increase of VND 2,000, with pepper trading at VND 162,000/kg today.

Gia Lai's pepper prices rose to VND 160,000/kg following a VND 5,000 increase.

In Dong Nai, traders purchased pepper at VND 160,000/kg, up by VND 4,000.

Ba Ria - Vung Tau's pepper prices climbed to VND 161,000/kg, marking a slight increase of VND 1,000.

Meanwhile, in Binh Phuoc, traders engaged in pepper transactions at VND 161,000/kg, representing a notable increase of VND 6,000.

Today, domestic pepper prices have sharply reversed course, increasing by VND 1,000-6,000/kg, stabilizing around a high threshold of VND 162,000/kg.

Recently, some agricultural export companies, such as pepper and coffee, have reported incidents where export containers, upon reaching importers, have been found either short or missing cargo.

In response to these occurrences, representatives from the Agency of Foreign Trade (Ministry of Industry and Trade) stated that there is currently no conclusive evidence pinpointing where and when these cargo losses are happening. The transportation of goods involves multiple stages and various entities handling the cargo.

"In the immediate term, the Agency of Foreign Trade has contacted and discussed with VPSA and Saigon Newport Corporation, urging both parties to convene and exchange directly, provide additional information to clarify the causes of these incidents, and implement measures to enhance security and safety for exported and imported shipments", said the Agency of Foreign Trade representative.

It is expected that on the morning of June 13, VPSA and Saigon Newport Corporation will meet directly to discuss this issue.

Previously, VPSA issued a warning about some members of the association experiencing partial loss of exported cargo. Specifically, importers discovered shortages compared to the contracted weight, while the total weight of the container, including its contents, as recorded by port weighing documents, indicated that the cargo was of sufficient weight at the time of unloading at the port.

Thus, on 06/14/2024, domestic pepper prices are trading around VND 160,000 - 162,000/kg.

$ 1 = VND 25.191 - Source: Vietcombank

Author: Bang Nghiem

Translated by Hoang Duy

Pepper prices on 11/08/2024, have surged by up to VND 3,500/kg

Pepper prices on 11/08/2024, have surged by up to VND 3,500/kg

(VAN) Pepper prices on 11/08/2024, have risen significantly by VND 2,500 - 3,500. Domestic pepper prices are now trading around VND 138,000 - 139,000/kg.

Coffee prices on 11/08/2024: Surging again

Coffee prices on 11/08/2024: Surging again

(VAN) Coffee prices on 11/08/2024, have risen sharply. Domestic coffee prices have increased by VND 1,500, reaching a range of VND 107,500 - 108,000/kg.

Live pig prices on 11/08/2024: Market remains calm

Live pig prices on 11/08/2024: Market remains calm

(VAN) Live pig prices on 11/08/2024 witness no new changes. The market across all three regions is currently trading within the range of VND 58,000 - 64,000/kg.

Live pig prices on 11/06/2024: Mixed increases and decreases

Live pig prices on 11/06/2024: Mixed increases and decreases

(VAN) Live pig prices on 11/06/2024, fluctuate by VND 1,000 - 2,000. The live pig market in all three regions is trading around VND 58,000 - 64,000/kg.

Pepper prices on 11/06/2024: VND 1000 decrease in Ba Ria-Vung Tau

Pepper prices on 11/06/2024: VND 1000 decrease in Ba Ria-Vung Tau

(VAN) Pepper prices on 11/06/2024, decreased by VND 1,000 in Ba Ria Vung Tau. Currently, domestic pepper prices are trading around VND 140,000 - 141,000/kg.

Coffee prices on 11/06/2024: Continuing strong upward trend

Coffee prices on 11/06/2024: Continuing strong upward trend

(VAN) Coffee prices on 11/06/2024 continue to rise. Domestic coffee prices have increased by VND 500, reaching a range of VND 106,500 - 107,000/kg.

Pepper prices on 11/05/2024: Still holding at VND 141,000/kg

Pepper prices on 11/05/2024: Still holding at VND 141,000/kg

(VAN) Pepper prices on 11/05/2024 showed no new fluctuations. Domestic pepper prices remain steady, trading around VND 140,000 - 141,000/kg.

Read more