Tridge summary
The article provides an overview of the current pepper market situation in Vietnam and the international market. In Vietnam, pepper prices are facing short-term challenges due to shifting cash flow towards coffee, but there is potential for market prosperity in the future. The domestic prices for black and white pepper are detailed, along with the cross-rate of Vietnam Dong to Indian Rupees for export and import tax calculation. Internationally, the prices for black pepper from Indonesia, Brazilian black pepper, Kuching black pepper, and Muntok white pepper are provided. Additionally, the article discusses the price movements of white sugar and raw sugar on the world floor, attributing the decline to the global economic outlook and the impact of interest rate increases by the US Federal Reserve and the Bank of England.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Pepper Pepper prices today in Gia Lai, Dak Lak - Dak Nong, Binh Phuoc and Ba Ria closed at 56,000 VND/kg, 57,000 VND/kg, 58,000 VND/kg and 59,000 VND/kg, respectively. Price PepperDomestic (Unit: VND/kg) Giatieu.com According to businesses, in the short term, the domestic pepper market will continue to face difficulties as the cash flow gradually shifts to coffee. This year's coffee harvest has begun. There have been a few records of the status of the season, the price in the locality. However, in the medium term, the pepper market may be more prosperous. Currently, coffee and pepper farmers in the province expect to have a harvest that achieves both yield and good price. However, the area of industrial crops in the province, including coffee and pepper, is still decreasing. According to the International Pepper Association (IPC), the price of black pepper Lampung (Indonesia) settled at 3,645 USD/ton, losing 0.16%; Brazilian black pepper price ASTA 570 was unchanged ...
Source: Vinanet
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.