November 23, 2024 | 08:40 GMT +7
November 23, 2024 | 08:40 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) 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.