May 11, 2024 | 22:08 GMT +7
May 11, 2024 | 22:08 GMT +7
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Pepper prices on June 2 in the world market remained stable in all other countries.
Accordingly, the price of Lampung black pepper in Indonesia remained at $3,581/ton. And the price of Muntok white pepper in this country is $6,091/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 is black pepper at $3,500 and $3,600/ton, respectively. The export price of white pepper is $5,000/ton.
Today's world pepper price is maintained by the International Pepper Community at the level listed yesterday in all markets.
Thus, pepper price on 06/2/2023, in the world market is flat compared to yesterday.
Pepper's price on June 2 in the domestic market has no new changes compared to yesterday.
Specifically, Dak Lak and Dak Nong pepper prices today remained at VND 74,000/kg;
Today's pepper price in Gia Lai was also flat, trading at VND 72,500/kg;
Pepper price today in Dong Nai remained unchanged, purchased at VND 73,000/kg;
The latest pepper price today in Ba Ria - Vung Tau remained at VND 75,500/kg;
And Binh Phuoc pepper price on June 2 continues to trade at VND 75,000/kg.
Domestic pepper prices continued to move sideways today in the context of high coffee prices. Currently, the domestic pepper market is holding the highest price of VND 75,500/kg.
According to statistics of the General Department of Customs in April 2023, businesses have exported 102,539 tons of pepper, up 32.1% (24,929 tons) over the same period last year. However, due to the decrease in pepper price, the export turnover of the industry only reached $ 316.6 million, down 12.4%.
According to the Vietnam Pepper and Spices Association (VPSA), China has surpassed the US to become the largest pepper export market of Vietnam in the first 4 months of this year. The volume reached 35,914 tons, which increased more than 15 times (1.430%) over the same period.
And it far exceeds the 20,498 tons that Vietnam exported to this market in the last year. In terms of proportion, China accounts for 35% of the total export volume of our country compared to a modest figure of 3% in the 4 months of 2022.
In April alone, Vietnam's pepper exports to China reached 9,995 tons, down 36.4% compared to the record 15,710 tons in March. This is a 48 times increase (4.682%) compared to April 2022.
Thus, pepper price on 06/2/2023 in the domestic market is trading around VND 72,500 - 75,500/kg.
$1 = VND 23,280.00 - Source: Vietcombank
Translated by Hoang Duy
(VAN) Coffee prices on 05/10/2024 continued to rise for the second day. Domestic coffee prices increased by VND 2,500, trading at VND 99,500 - VND 100,000/kg.
(VAN) farmers in Vinh Long province have stated that the price of sweet potatoes is currently high, with growers making a profit of around VND 400,000/ quintal.
(VAN) Domestic pepper prices continue to rise sharply on 05/09/2024. The current price is trading around the range of VND 103,000 to VND 104,000/kg.
(VAN) Coffee prices on 05/07/2024 declined sharply. Domestic coffee prices have decreased by VND 1,000, trading around VND 99,000-VND 100,500/kg.
(VAN) Pepper prices on 05/05/2024 increased by VND 2,000 - 4,000, reaching VND 103,000 - 104,000/kg. Domestic pepper prices surged by VND 6,000/kg.
(VAN) Pepper prices on 05/04/2024 increased by VND 1,000. As a result, the domestic pepper price has reached the range of VND 100,000 - 101,000/kg.
(VAN) Rising international quotations for meat, cereals and vegetable oils offset drops for dairy and sugar.