January 31, 2025 | 13:19 GMT +7

  • Click to copy
Saturday- 11:36, 14/09/2024

Pepper prices on 09/14/2024: increase in Dong Nai and Gia Lai

(VAN) Pepper prices on 09/14/2024, saw only Gia Lai and Dong Nai slightly increase by VND 1,000. Domestic pepper is trading at VND 153,000 - 156,000/kg.
Latest domestic and global pepper price update on 09/14/2024

Latest domestic and global pepper price update on 09/14/2024

Pepper prices on September 14 globally

Globally, pepper prices on September 14 continued to rise slightly in Indonesia.

Specifically, the price of black pepper from Lampung, Indonesia, increased by 0.04%, reaching $ 7,562/ton. Meanwhile, the price of white pepper from Muntok, Indonesia, rose by 0.04%, standing at $ 9,121/ton.

Black pepper Kuching ASTA from Malaysia is priced at $ 8,800/ton, while white pepper ASTA from the same country is at $ 10,900/ton.

In Brazil, black pepper ASTA 570 is trading at $ 7,500/ton.

In Vietnam, the export price for black pepper 500 g/l is $ 7,100/ton, while the 550 g/l type is priced at $ 7,225/ton. The export of white pepper is currently at $ 10,150/ton.

The global pepper price today continues to rise slightly in Indonesia but remains stable in other countries.

According to the IPC, the global pepper market this week shows positive prospects, with no countries reporting a decline. In India, after two weeks of stagnation, both domestic and international pepper prices have increased this week.

Thus, the world pepper price on 09/14/2024 is rising in Indonesia compared to yesterday.

Pepper prices on September 14 domestically

Domestically, pepper prices on September 14 increased slightly in some areas compared to yesterday.

Specifically, Dak Lak continues to buy pepper at VND 156,000/kg;

Pepper prices in Dak Nong today remain at VND 156,000/kg;

Pepper prices in Gia Lai today increased by VND 1,000, trading at VND 154,000/kg;

Similarly, traders in Dong Nai are purchasing pepper at VND 154,000/kg;

Pepper prices in Ba Ria - Vung Tau today are steady at VND 155,000/kg;

Meanwhile, Binh Phuoc continues to trade pepper at VND 152,000/kg.

Domestic pepper prices today mostly remained stable, with a slight increase of VND 1,000 in Gia Lai and Dong Nai. Currently, the highest pepper price in the country is VND 156,000/kg.

At present, the global demand for organic spices and sustainably certified spices is rising. According to the Vietnam Trade Office in Belgium and the EU, the global organic spice market is quite large and is growing at 7.5% per year from 2021 to 2026. By 2026, the global organic spice market is expected to reach nearly EUR 20 billion.

While Asia is the largest spice import market in the world, North America and the EU are the two largest markets for organic spices. The Vietnam Trade Office in Belgium and the EU notes that in Europe, countries such as Switzerland, the Netherlands, Germany, France, and Italy are major spice importers. Spices with sustainability certifications (organic, Fairtrade, RA) have significant export potential in this market.

Thus, domestic pepper prices on 09/14/2024, are trading around VND 153,000 - 156,000/kg.

$ 1 = VND 24.360 - Source: Vietcombank.

Author: Bang Nghiem

Translated by Hoang Duy

Retail fertilizer prices start 2025 mixed

Retail fertilizer prices start 2025 mixed

(VAN) It's a new year but virtually the same old retail prices for fertilizers.

Pepper prices this year may surpass the threshold of 200,000 VND/kg

Pepper prices this year may surpass the threshold of 200,000 VND/kg

(VAN) Thus, pepper prices are expected to remain higher this year and surmount the aforementioned figure, as the production of pepper is anticipated to decrease while the demand remains steady.

Impact of solar cycle on corn, soybean prices

Impact of solar cycle on corn, soybean prices

(VAN) Old school meteorologists, sociologists and economists long have believed that the solar cycle has a huge impact on human activity and the general health of all living things.

Coffee prices on January 22, 2025: Significant increase

Coffee prices on January 22, 2025: Significant increase

(VAN) Coffee prices on January 22, 2025, continue to rise sharply, with an increase of VND 1,000 - 1,500/kg, ranging from VND 119,300 – 121,300/kg.

Pepper prices on January 21, 2025: Remain stable

Pepper prices on January 21, 2025: Remain stable

(VAN) Pepper prices on January 21, 2025, continue to remain stable in the Central Highlands and the South. Prices range from VND 145,000 to VND 146,000/kg.

Coffee prices on January 21, 2025: Coffee prices decrease

Coffee prices on January 21, 2025: Coffee prices decrease

(VAN) Coffee prices on January 21, 2025, slightly decreased by VND 800 to 1,100/kg after increases. Current coffee prices range at VND 118,200 to 119,000/kg.

Read more