March 6, 2025 | 22:40 GMT +7
Hotline: 0913.378.918
March 6, 2025 | 22:40 GMT +7
Hotline: 0913.378.918
Update on domestic and global pepper prices as of November 30, 2024
Globally, pepper prices continued to see slight increases in Indonesia on November 30.
Specifically, the price of black pepper from Lampung, Indonesia, rose by 0.05%, reaching $ 6,627/ton. Meanwhile, white pepper from Muntok saw an increase of 0.13%, climbing to $ 9,143/ton.
In Malaysia, black pepper Kuching ASTA is priced at $ 8,400/ton, while white pepper ASTA is trading at $ 10,500/ton.
In the Brazilian market, black pepper ASTA 570 is being traded at $ 6,150/ton, marking a 1.63% increase.
For Vietnam, the export price of black pepper 500 g/l is at $ 6,200/ton, and the 550 g/l variety is at $ 6,500/ton. Meanwhile, the export price for white pepper is $ 9,400/ton.
Global pepper prices continue to rise in Indonesia, but there are no significant changes in other producing countries.
After several weeks of price decline, pepper prices have shown signs of recovery. According to Harris Spice, the remaining stock in other producing countries, especially Vietnam and Indonesia, has created a bearish sentiment. Additionally, demand remains weak as buyers remain cautious.
Thus, global pepper prices on November 30, 2024, continue to rise in Indonesia compared to yesterday.
In Vietnam, pepper prices on November 30 continued to rise sharply compared to the previous day.
Specifically, in Dak Lak, the price of pepper has increased to VND 145,000/kg, up by VND 1,500.
The price of pepper in Dak Nong has risen by VND 2,000, reaching VND 145,500/kg.
Pepper in Gia Lai is now priced at VND 144,000/kg, an increase of VND 1,500.
Similarly, in Dong Nai, traders are buying pepper at VND 144,000/kg.
The price of pepper in Ba Ria - Vung Tau is VND 143,000/kg, also up by VND 1,500.
Finally, traders in Binh Phuoc have increased the price by VND 2,000, with the current price at VND 144,000/kg.
Domestic pepper prices today continued to rise by VND 1,500 - 2,000, pushing the price of this commodity to a high of VND 145,000/kg.
Thus, the price of pepper in Vietnam on November 30, 2024, is trading around the range of VND 143,000 - 145,000/kg.
$ 1 = VND 25.130 - 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.
