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Thursday- 21:06, 10/10/2024

Pepper prices on 10/10/2024: Sharp increase of up to VND 2,000

(VAN) Pepper prices on 10/10/2024, increased by VND 1,500 to 2,000. Currently, domestic pepper prices are trading around VND 146,000 - 148,000/kg.
Latest domestic and global pepper price update on 10/10/2024

Latest domestic and global pepper price update on 10/10/2024

Pepper prices on October 10 globally

Globally, pepper prices on October 10 remain stable.

According to the latest data, black pepper from Lampung, Indonesia, is priced at $ 6,706/ton, while white pepper from Muntok is holding at $ 8,966/ton.

In Malaysia, Kuching ASTA black pepper is priced at $ 8,900/ton, and ASTA white pepper is at $ 11,400/ton.

For Brazil, ASTA 570 black pepper is trading at $ 6,750/ton.

In Vietnam, black pepper for export (500 g/l) is trading at $ 6,800/ton, while the 550 g/l type is priced at $ 7,100/ton. White pepper for export remains at $ 10,150/ton.

Thus, global pepper prices on 10/10/2024 remained unchanged compared to the previous day.

Pepper prices on October 10 domestically

Domestically, pepper prices on October 10 saw a strong increase compared to yesterday.

Specifically, Dak Lak is buying pepper at VND 148,000/kg, up by VND 1,500;

Pepper prices in Dak Nong today increased by VND 2,000, reaching VND 148,000/kg;

Similarly, pepper prices in Gia Lai today dropped to VND 146,000/kg;

Traders in Dong Nai continue to buy pepper at VND 146,000/kg;

Pepper prices in Ba Ria - Vung Tau today increased by VND 1,500, reaching VND 147,500/kg;

Meanwhile, traders in Binh Phuoc are still trading pepper at VND 146,000/kg.

Domestic pepper prices today increased by VND 1,500 - 2,000, pushing this agricultural product to reach VND 148,000/kg.

In September 2024, Vietnam imported 2,430 tons of pepper, including 2,233 tons of black pepper and 197 tons of white pepper, with a total import value of $ 13.6 million. Compared to August, the import volume increased by 63%.

As of September 30, 2024, Vietnam had imported 23,778 tons of pepper, including 20,890 tons of black pepper and 2,888 tons of white pepper. The total import value of pepper reached $ 102.0 million, representing a 15.8% increase compared to the same period in 2023.

Thus, domestic pepper prices on 10/10/2024, are trading around VND 146,000 - 148,000/kg.

$ 1 = VND 24.640 - Source: Vietcombank.

Author: Bang Nghiem

Translated by Hoang Duy

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