January 27, 2025 | 08:52 GMT +7
Hotline: 0913.378.918
January 27, 2025 | 08:52 GMT +7
Hotline: 0913.378.918
Latest domestic and global pepper prices update on 09/19/2024
Globally, pepper prices on September 19 showed slight declines in Indonesia.
Specifically, the price of black pepper from Lampung, Indonesia, dropped by 0.08% to $ 7,589/ton. Meanwhile, the price of white pepper from Muntok, Indonesia, also decreased by 0.08%, reaching $ 9,154/ton.
In Malaysia, Kuching ASTA black pepper is priced at $ 8,800/ton, while ASTA white pepper is at $ 10,900/ton.
In the Brazilian market, black pepper ASTA 570 is trading at $ 7,000/ton.
In Vietnam, black pepper for export (500 g/l) is trading at $ 7,100/ton, while the 550 g/l type is priced at $ 7,225/ton. White pepper for export is currently at $ 10,150/ton.
Global pepper prices on 09/19/2024, turned down in Indonesia but remained stable in other countries.
Indonesia's key pepper export markets include China, Vietnam, the US, and India.
Vietnam is the second-largest customer of Indonesia's pepper industry in the first seven months of the year, with a volume reaching 4,492 tons, nearly doubling (98% increase) compared to the same period last year, accounting for nearly 20% of Indonesia's total pepper exports. The import price stood at $ 4,430/ton, up 3.6%.
Meanwhile, China remained Indonesia's largest pepper export market, with a volume of 4,844 tons, a sharp increase of 63.1% compared to the same period last year, accounting for 21.2% of the market share.
In addition, Indonesia's pepper exports to other major markets also surged in the first seven months of the year, including the US (+64.5%), India (+15.9%), Japan (+17.6%), and Singapore (+123.1%).
This year, Indonesia’s harvest was expected to take place in August (later than the usual July), but the yield outlook remains unfavorable.
Thus, global pepper prices on 09/19/2024, have turned down in Indonesia compared to yesterday.
In the domestic market, pepper prices on September 19 dropped sharply by up to VND 5,000 compared to the previous day.
Specifically, Dak Lak saw a decrease of VND 4,500, with pepper being purchased at VND 150,500/kg.
In Dak Nong, prices dropped by VND 5,000, falling to VND 150,000/kg.
Pepper prices in Gia Lai fell to VND 148,000/kg, down by VND 4,000.
Similarly, traders in Dong Nai bought pepper at VND 148,000/kg.
Prices in Ba Ria - Vung Tau dropped to VND 148,000/kg, down by VND 4,000.
In Binh Phuoc, prices also fell by VND 4,000, with pepper trading at VND 148,000/kg.
Domestic pepper prices today continue to decline sharply, dropping by an additional VND 4,000 - 5,000, pulling the agricultural product down to the range of VND 150,000/kg.
Thus, domestic pepper prices on 09/19/2024, are trading around VND 148,000 - 150,500/kg.
$ 1 = VND 24.410 - Source: Vietcombank.
Translated by Hoang Duy
(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.
(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.
(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.
(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.
(VAN) Live pig prices on January 21, 2025, decreased in the North and Central regions. Live pig prices across the country are at VND 66,000 - and 69,000/kg.
(VAN) Pepper prices on January 20, 2025, domestically remain stable in most key growing regions, ranging between VND 145,000 and VND 146,000/kg.
(VAN) Coffee prices on January 20, 2025: Domestic coffee prices continue to rise, increasing by VND 300–700/kg and ranging from VND 119,300 to 120,500/kg.
