Pepper prices on November 14, 2024: Gia Lai increased by VND 500

Pepper prices on November 14 domestically

Globally, pepper prices on November 14 continue to decline in Indonesia.

Specifically, the price of Lampung black pepper in Indonesia dropped by 0.06%, settling at $ 6,514/ton. Meanwhile, the price of Muntok white pepper from Indonesia also decreased by 0.07%, now at $ 9,116/ton.

In Malaysia, Kuching black pepper ASTA is priced at $ 8,500/ton, while Malaysian white pepper ASTA is at $ 11,000/ton.

In the Brazilian market, the price of black pepper ASTA 570 has fallen to $ 6,000/ton, a significant 5% decrease.

In Vietnam, export prices for black pepper (500 g/l) are trading at $ 6,200/ton, and the 550 g/l variety is priced at $ 6,500/ton. The export price of white pepper is currently at $ 9,400/ton.

World pepper prices today continue to decline slightly in Indonesia but remain steady in other markets.

Thus, on November 14, 2024, world pepper prices are still decreasing in Indonesia compared to yesterday.

Pepper prices on November 14 domestically

In the domestic market, pepper prices on November 14, 2024, have shown little change.

Specifically, Dak Lak continues to buy pepper at VND 139,000/kg;

Dak Nong's price remains steady at VND 139,000/kg;

Gia Lai's price rises to VND 138,500/kg, an increase of VND 500;

Dong Nai traders are still purchasing pepper at VND 138,000/kg;

Ba Ria-Vung Tau's price remains steady at VND 138,000/kg,

Meanwhile, Binh Phuoc traders are still buying pepper at VND 139,000/kg.

The domestic pepper price today only increased by VND 500 in Gia Lai, while other key regions remained unchanged.

Thus, on November 14, 2024, the domestic pepper price is trading around VND 138,000 - 139,000/kg.

$ 1 = VND 25.154 - Source: Vietcombank.