February 5, 2025 | 10:16 GMT +7
Hotline: 0913.378.918
February 5, 2025 | 10:16 GMT +7
Hotline: 0913.378.918
Updates on domestic and global pepper prices on 11/03/2024
Globally, pepper prices on November 3 remain stable.
Specifically, the price of Lampung black pepper in Indonesia is $ 6,683/ton, while Muntok white pepper from the country is priced at $ 9,150/ton.
In Malaysia, the price for Kuching ASTA black pepper is $ 8,500/ton, and for white ASTA pepper, it stands at $ 11,000/ton.
In Brazil, the price for ASTA 570 black pepper is trading at $ 6,400/ton.
In Vietnam, the export price for black pepper of type 500 g/l is $ 6,500/ton, while type 550 g/l is priced at $ 6,800/ton. The export price for white pepper is currently at $ 9,500/ton.
Today, global pepper prices remain stable. This week, the market showed mixed fluctuations.
Specifically, Indonesian pepper prices continued to decline slightly by 0.6% compared to last week, while other markets remained unchanged.
Thus, on 11/03/2024, there were no new fluctuations in global pepper prices compared to yesterday.
Domestic pepper prices on November 3 remain stable compared to the previous day.
Specifically, Dak Lak continues to purchase pepper at VND 141,000/kg.
In Dak Nong, pepper prices also hold steady at VND 141,000/kg.
Gia Lai maintains pepper prices at VND 140,000/kg.
Similarly, traders in Dong Nai are purchasing pepper at VND 140,000/kg.
In Ba Ria-Vung Tau, prices remain at VND 141,000/kg.
Traders in Binh Phuoc are buying pepper at VND 140,000/kg.
Today, domestic pepper prices have not seen any new fluctuations, with the highest price at VND 141,000/kg. This week, the domestic pepper price has dropped by an additional VND 2,000 - 2,500.
The Ministry of Agriculture and Rural Development reported that in the first 10 months of 2024, Vietnam exported approximately 220,300 tons of pepper, with an estimated value of 1.12 billion USD. Although the export volume of pepper decreased by 2.3% compared to the same period last year, the value increased significantly by 48.2%.
The average export price of pepper in the first 10 months of 2024 is estimated at 5,084 USD/ton, up 51.7% compared to the same period in 2023.
Thus, on 11/03/2024, domestic pepper prices are trading around VND 140,000 - 141,000/kg.
$ 1 = VND 25.084 - Source: Vietcombank.
Translated by Hoang Duy
(VAN) Coffee prices on February 4, 2025, surged by VND 1,700 – 1,900/kg domestically, currently ranging from VND 129,700 – 130,700/kg.
(VAN) Pepper prices on February 4, 2025, range from VND 149,000 to VND 150,000/kg, up sharply by VND 1,500 – VND 2,000/kg compared to yesterday.
(VAN) Despite efforts to liberalise rice imports and reduce tariffs, the agriculture department said, the domestic market has been slow to respond, with retail prices surpassing expectations.
(VAN) Pepper prices on February 3, 2025, remain unchanged in both domestic and global markets. Domestic pepper prices are trading at VND 147,000 - 148,200/kg.
(VAN) Live pig prices remain steady, ranging from VND 66,000 - 69,000/kg. In Quang Ninh, efforts are being made to protect livestock during the cold weather.
(VAN) Coffee prices on February 3, 2025, remain unchanged. Domestic coffee is currently trading in the range of VND 127,800 - 129,000/kg.
(VAN) Global arabica coffee prices hit record highs above $3.60 per lb as Brazil, by far the world's largest producer, has few beans left to sell and as worries over its upcoming harvest persist.
