March 7, 2025 | 02:25 GMT +7
Hotline: 0913.378.918
March 7, 2025 | 02:25 GMT +7
Hotline: 0913.378.918
Latest domestic and global pepper price updates as of January 4, 2024
Globally, pepper prices on January 4 are slightly increasing in Indonesia.
Specifically, the price of black pepper Lampung in Indonesia increased by 0.12% to $ 6,832/ton, while white pepper Muntok also rose by 0.12% to $ 8,940/ton.
The price of Kuching ASTA black pepper from Malaysia is at $ 8,500/ton, while ASTA white pepper from the same country is priced at $ 10,700/ton.
In Brazil, the price of black pepper ASTA 570 is trading at $ 6,325/ton.
For Vietnam, the export price of black pepper 500 g/l is $ 6,400/ton, while the 550 g/l type is $ 6,700/ton. Meanwhile, the export price of white pepper stands at $ 9,600/ton.
Global pepper prices today showed slight increases in Indonesia but remained unchanged in other countries.
Thus, compared to yesterday, global pepper prices on January 4, 2024, edged up slightly in Indonesia.
Domestically, pepper prices on January 4 saw an increase of up toVND 2,500 compared to yesterday.
In Dak Lak, buying prices rose to VND 148,000/kg, up VND 1,000.
In Dak Nong, prices surged by VND 2,500, reaching VND 149,500/kg.
In Gia Lai, pepper prices increased by VND 1,000 to VND 147,500/kg.
Traders in Dong Nai purchased pepper at VND 147,500/kg, up VND 1,000.
In Ba Ria - Vung Tau, prices climbed by VND 2,000 to VND 149,000/kg.
Meanwhile, traders in Binh Phuoc maintained transactions at VND 147,000/kg.
Average export price of pepper in 2024 reached $5,276/ton, up 54.1% ($1,852/ton) compared to last year.
With these achievements in 2024, Vietnam continues to solidify its position as the world’s leading pepper exporter.
However, to maintain this position, improving product quality and increasing its value are key factors.
Experts point out that the Vietnamese pepper industry is currently facing numerous challenges, including adverse weather, rising production costs, and diseases, while the area of pepper cultivation is decreasing due to crop restructuring. Nevertheless, with low stock levels and the forecasted delay in the 2025 harvest due to prolonged drought, pepper prices are expected to rise in the near future.
Thus, domestic pepper prices on January 4, 2024, are trading around VND 147,000 - 149,500/kg.
$ 1 = VND 25.220 - Source: Vietcombank.
Translated by Hoang Duy
(VAN) Experts warn the price of groceries may rise because of the tariffs imposed Tuesday on Canada, Mexico and China, but before the produce lands on shelves, farmers will be affected first.
(VAN) Survey results involving nearly 28,400 samples from 95 countries across the globe have found an increasing rise in mycotoxins last year.
(VAN) Pepper prices on March 5, 2025, continue to rise in Indonesia. Domestic pepper prices have increased by VND 200 - VND 1,000.
(VAN) Coffee prices on March 5, 2025, continue to rise. Domestic coffee prices have surged by another VND 2,000, trading around VND 133,000 - VND 135,100/kg.
(VAN) Coffee prices on March 4, 2025, have surged sharply. Currently, domestic coffee prices have risen by VND 3,000, trading around VND 131,000 - 133,000/kg.
(VAN) Pepper prices on March 4, 2025, is rising sharply in Indonesia. Domestic pepper price increased slightly by VND 200 in Dak Lak.
(VAN) Pepper prices on March 3, 2025, remain unchanged globally. Currently, domestic pepper prices continue to trade around VND 157,000 - 159,000/kg.
