Pepper prices in Vietnam today, December 17, 2023: Prices increased to 85,500 VND/kg

Published Dec 17, 2023

Tridge summary

World pepper prices on December 17 are stable with no new fluctuations, while Indonesia's domestic and international pepper prices continued to decrease. In contrast, domestic pepper prices in Vietnam increased dramatically compared to the previous day, reaching an average of 82,000 - 85,500 VND/kg. Concerns about reduced supply and a shortage of exports have led to the continuous skyrocketing of domestic pepper prices, with experts predicting long-term effects on pepper output and the position of Vietnam's pepper industry.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Pepper prices today December 17 in the world Around the world, the pepper market on December 17 remained stable. Accordingly, the price of Lampung black pepper in Indonesia remained at 3,871 USD/ton. The price of this country's Muntok white pepper is anchored at 6,075 USD/ton. Malaysia's Kuching ASTA black pepper price remained stable at 4,900 USD/ton; This country's ASTA white pepper is still priced at 7,300 USD/ton. For the Brazilian market, the price of ASTA 570 black pepper is at 3,270 USD/ton. In Vietnam, export prices of black pepper grades 500 and 550 g/l remained at 3,700 and 3,800 USD/ton, respectively. The export price of white pepper is at 5,300 USD/ton. Today's world pepper prices have no new fluctuations. Summarizing this week, IPC assessed that the global pepper market fluctuated in mixed directions. Among them, most other countries remained flat and only Indonesia's domestic and international pepper prices continued to decrease this week. Thus, world pepper prices ...

Source: Agriculture