Vietnamese pepper price today 11/25: Scattered decrease, the lowest is 81,000 VND/kg

Published 2021년 11월 25일

Tridge summary

Pepper prices in Vietnam's Central Highlands provinces have fluctuated, with Gia Lai province setting the lowest price at 81,000 VND/kg. Meanwhile, in India, pepper demand has increased as the economy reopens, leading to high prices due to limited supply. This situation may boost imports of pepper from countries like Vietnam, where the price is lower. In related news, the price for November delivery of rubber at the Tokyo Commodity Exchange was 0.17% lower at 231.5 yen/kg, while the price for RSS3 rubber for delivery in January 2022 at the Shanghai Commodity Futures Exchange was up by 3% at 14,935 yuan/ton. From January to September 2021, China's rubber import turnover increased by 19.7% year-on-year to $9.18 billion, with Vietnam becoming the second largest rubber supplier to China.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Update pepper price See more: Price of pepper today 11/26 According to the survey, today's pepper price fluctuated scatteredly in a few key provinces in the Central Highlands. Specifically, Gia Lai province reduced 500 VND/kg, adjusted to the lowest level according to the survey at 81,000 VND/kg. Similarly, the two provinces of Dak Lak and Dak Nong also decreased by 500 VND/kg compared to yesterday, currently trading at 82,000 VND/kg. The remaining localities did not record any new changes in prices today. In which, Dong Nai buys at 82,000 VND/kg, Binh Phuoc is 83,000 VND/kg and Ba Ria - Vung Tau is 84,000 VND/kg. In India, demand for pepper has improved as the economy begins to reopen after a long period of being impacted by the COVID-19 pandemic, The Hindu Business Line reported. This leads to end-consumers scrambling to buy pepper at prices set by the sellers themselves. However, the supply in the market is limited, which leads to skyrocketing prices. The situation is expected ...
Source: Vietnambiz

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
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.