February 10, 2025 | 08:05 GMT +7
February 10, 2025 | 08:05 GMT +7
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Latest domestic and global pepper price update on 10/15/2024
Globally, pepper prices on October 15 are showing good growth in Indonesia.
Accordingly, the price of Lampung black pepper in Indonesia increased by 0.18%, reaching $ 6,744/ton. Meanwhile, the price of Muntok white pepper from the same country surged by 2.5%, to $ 9,233/ton.
The price of Kuching ASTA black pepper from Malaysia is $ 8,700/ton, while ASTA white pepper from this country is priced at $ 11,200/ton.
In the Brazilian market, the ASTA 570 black pepper is traded at $ 6,750/ton.
In Vietnam, the export price of 500 g/l black pepper is trading at $ 6,500/ton, while the 550 g/l variety is priced at $ 6,800 /ton. The export price of white pepper is currently at $ 9,850/ton.
Global pepper prices today are mostly steady, with only Indonesia seeing an increase. In particular, the price of white pepper from this country surged by $ 200/ton.
According to data from China's Customs Authority, the country imported 890 tons of pepper in August 2024, valued at $ 5.8 million. This represents a decrease of 54.7% in volume and 36.8% in value compared to the previous month but an increase of 23.7% in volume and 80.9% in value compared to the same period last year.
The two main suppliers of pepper to China in the first eight months of the year remain Indonesia and Vietnam.
Thus, global pepper prices on 10/15/2024, remain steady compared to yesterday.
Domestically, pepper prices on October 15 have slightly decreased in some regions compared to yesterday.
Dak Lak is still purchasing pepper at VND 144,000/kg.
Prices in Dak Nong are holding steady at VND 144,000/kg.
In Gia Lai, prices remain unchanged, trading at VND 143,000/kg.
In Dong Nai, traders are buying pepper at VND 143,000/kg.
In Ba Ria - Vung Tau, prices have dropped by VND 500 to VND 143,500/kg.
Similarly, traders in Binh Phuoc are trading pepper down to VND 143,500/kg.
Domestic pepper prices today have only slightly decreased by VND 500 in Ba Ria Vung Tau and Binh Phuoc. Other key regions remain stable.
Thus, domestic pepper prices on 10/15/2024, are trading around VND 143,000 - 144,000/kg.
$ 1 = VND 24.720 - Source: Vietcombank.
Translated by Hoang Duy
(VAN) Decline fueled by lower prices of sugar and vegetable oils.
(VAN) Pepper prices on February 7, 2025, increased by VND 1,000 - 2,000. This pushed domestic pepper prices to trade around VND 151,000 - 153,000/kg.
(VAN) Coffee prices on February 7, 2025, saw mixed movements in the global market. Domestic coffee prices remained stable, trading at VND 129800 - 130700/kg.
(VAN) Live pig prices on February 7, 2025, continue to rise by VND 1,000 - 2,000, pushing the market across 3 regions to the range of VND 67,000 - 72,000/kg.
(VAN) Tariffs on imports from Canada, Mexico, and China have the potential to increase the prices paid by consumers and products for goods, services, and inputs from those major U.S. trading partners.
(VAN) Pepper prices on February 6, 2025, have increased uniformly by VND 1,000 - 1,300. Domestic pepper prices are trading around VND 150,000 - 151,500/kg.
(VAN) Live pig prices on February 6, 2025, continue to rise by VND 1,000. Currently, the live pig market in 3 regions is trading around VND 67,000 - 72,000/kg.