February 5, 2025 | 13:41 GMT +7
Hotline: 0913.378.918
February 5, 2025 | 13:41 GMT +7
Hotline: 0913.378.918
Latest domestic and global pepper prices on November 25, 2024
Globally, pepper prices on November 25 showed no new changes.
Specifically, the price of Lampung black pepper in Indonesia remains at $ 6,470/ton, while Muntok white pepper is at $ 9,055/ton.
In Malaysia, Kuching ASTA black pepper is priced at $ 8,400/ton, and ASTA white pepper is at $ 10,500/ton.
In Brazil, ASTA 570 black pepper is trading at $ 6,000/ton.
In Vietnam, black pepper for export with a density of 500 g/l is priced at $ 6,200/ton, while the 550 g/l grade is at $ 6,500/ton. White pepper for export is currently priced at $ 9,400/ton.
Global pepper prices today remained unchanged. Last week, the pepper market showed mixed trends, with only Sri Lanka's domestic black pepper prices continuing to rise.
Pepper prices are currently under significant pressure from the strengthening USD (with the DXY index at 106.85 at the time of the survey) due to escalating geopolitical instability worldwide and investor enthusiasm following Donald Trump's election as President of the United States.
The excitement among many global investors has driven them toward USD-denominated assets, such as U.S. government bonds, American stocks, and gold.
High demand has pushed up the value of the U.S. dollar, affecting the currencies of many countries worldwide. Depreciation in local currencies has driven down the export prices of agricultural products, including pepper.
Thus, global pepper prices on November 25, 2024, remained stable compared to yesterday.
In the domestic market, pepper prices also showed no new changes compared to yesterday.
Specifically, Dak Lak is purchasing pepper at VND 140,000/kg.
In Dak Nong, pepper prices are at VND 140,000 /kg.
In Gia Lai, pepper is trading at VND 139,500/kg.
Traders in Dong Nai are purchasing pepper at VND 139,500/kg.
In Ba Ria - Vung Tau, pepper prices are at VND 140,000/kg.
Meanwhile, in Binh Phuoc, traders are buying pepper at VND 139,000/kg.
Domestic pepper prices remained steady today, with the highest level recorded at VND 140,000/kg. Over the past week, this agricultural product saw a slight increase of VND 500 - 1,000.
Experts suggest that the pepper market this week is unlikely to experience any strong impacts, with prices expected to fluctuate around VND 140,000/kg.
Thus, on November 25, 2024, domestic pepper prices are trading at VND 139,000 - 140,000/kg.
$ 1 = VND 25.167 - 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.
