November 22, 2024 | 17:07 GMT +7
November 22, 2024 | 17:07 GMT +7
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Globally, pepper prices on October 16 show no new fluctuations.
The price of black pepper from Lampung, Indonesia remains at $ 6,744/ton. Meanwhile, the price of white pepper from Muntok, Indonesia stays at $ 9,233/ton.
Black pepper from Kuching ASTA in Malaysia is priced at $ 8,700/ton, while the white pepper ASTA from this country is trading at $ 11,200/ton.
In Brazil, black pepper ASTA 570 is being traded at $ 6,750/ton.
In Vietnam, the export price of black pepper 500 g/l is $ 6,500/ton, and black pepper 550 g/l is priced at $ 6,800/ton. The export price of white pepper is currently at $ 9,850/ton.
Thus, global pepper prices on 10/16/2024, remain flat compared to the previous day.
In the domestic market, pepper prices on October 16 have slightly increased compared to the previous day. Specifically:
Domestic pepper prices today remain stable in Dak Lak and Dak Nong. Meanwhile, other key regions have seen a slight increase of VND 500.
According to some predictions, Vietnam's 2025 pepper harvest will mainly take place in February, with some areas extending into March and April, which is 1-2 months later than in previous years.
The delay is attributed to prolonged drought, causing Vietnam's pepper supply to become increasingly limited.
Additionally, with competition from Indonesia's new pepper crop, it is forecasted that the domestic market will still not show signs of improvement, as China continues to increase its purchases of pepper from Indonesia.
Thus, domestic pepper prices on 10/16/2024, are trading around VND 143,500 - 144,000/kg.
$ 1 = VND VND - 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.