April 14, 2025 | 02:56 GMT +7
Hotline: 0913.378.918
April 14, 2025 | 02:56 GMT +7
Hotline: 0913.378.918
Update on domestic and global pepper prices as of December 12, 2024.
Globally, pepper prices on December 12 are slightly declining in some places.
Accordingly, the price of Lampung black pepper in Indonesia dropped by 0.19%, down to $ 6,822/ton. Meanwhile, Muntok white pepper decreased by 0.2%, settling at $ 9,115/ton.
The price of Kuching ASTA black pepper from Malaysia stands at $ 8,200/ton, while ASTA white pepper from this country is priced at $ 10,400/ton.
In the Brazilian market, ASTA 570 black pepper is trading at $ 6,250/ton, a decrease of 0.4%.
In Vietnam, export prices for black pepper of 500 g/l grade are at $ 6,300/ton, while the 550 g/l grade is priced at $ 6,600/ton. The export price of white pepper is currently at $ 9,400/ton.
Global pepper prices today decreased slightly in Indonesian and Brazilian black pepper markets. Meanwhile, other markets remained stable.
Data from the United States International Trade Commission (USITC) shows that in October, the US imported 7,211 tons of various types of pepper from the world, down 26.4% compared to the previous month but up 21% compared to the same period last year.
Cumulatively, from the beginning of the year until the end of October, pepper imports to the world’s largest consuming country reached 80,298 tons, valued at $ 409.16 million, up 40.9% in volume and 56.6% in value compared to the same period last year.
In this, Vietnam continued to be the largest supplier of pepper to this market, accounting for 77.4% of the total pepper imports to the US, with a volume of 62,158 tons, valued at $ 314.4 million, up 40.7% in volume and up 62.5% in value compared to the same period last year.
Thus, global pepper prices on December 12, 2024, are trending slightly lower compared to yesterday.
In Vietnam, domestic pepper prices on December 12 showed little fluctuation compared to the previous day.
Specifically, Dak Lak continues to purchase pepper at VND 147,000/kg;
The price of pepper in Dak Nong today is steady at VND 147,200/kg;
Pepper prices in Gia Lai remain unchanged, holding at VND 145,000/kg;
Traders in Dong Nai purchase pepper at VND 146,000/kg;
Pepper prices in Ba Ria - Vung Tau remain at VND 146,000/kg;
Traders in Binh Phuoc continue to deal in pepper at VND 145,000/kg.
Thus, the domestic pepper price on December 12, 2024, is trading around VND 145,000 - 147,200/kg.
$ 1 = VND 25.141 - Source: Vietcombank.
Translated by Hoang Duy
(VAN) It’s eaten with almost every meal, used to make sushi, made into sweets, fermented into alcohol and offered to the spirits at religious ceremonies.
(VAN) Pepper prices on April 11, 2025, show a slight recovery from both domestic and global markets. Prices stay at VND 148,000 to VND 150,000/kg domestically.
(VAN) Coffee prices on April 11, 2025, increased slightly domestically, at VND 117,300 to VND 119,000/kg, up by VND 1,000 to VND 1,300/kg over yesterday.
(VAN) Coffee prices on April 10, 2025, recorded strong fluctuations in both the global and domestic markets. Domestic coffee prices continued to drop sharply.
(VAN) Pepper prices on April 10, 2025, in the domestic market continued to drop sharply, with a decrease of VND 1,000/kg over the previous trading session.
(VAN) Pepper prices on April 9, 2025, recorded a sharp decline, raising concerns. Domestic pepper prices saw a significant drop of VND 5,000 – VND 6,000/kg.
(VAN) Coffee prices on April 9, 2025, are fluctuating. Robusta coffee shows slight signs of recovery, while Arabica coffee continues to decline.
