Pepper price in Vietnam today 1/6: Falling sharply again

Published 2021년 6월 1일

Tridge summary

The article reports a decrease in pepper prices across several Vietnamese provinces, with Dong Nai and Gia Lai provinces experiencing the most significant drops. This comes in response to the COVID-19 pandemic's impact, with Malaysia limiting plantation workforces to curb the spread of the virus. Concurrently, rubber prices have seen an increase at commodity exchanges in Tokyo and Shanghai, despite the possibility of increased global production in June 2021. The rise in rubber prices is attributed to new COVID-19 infections in Thailand, India, Malaysia, Cambodia, and Sri Lanka, as well as a shortage of shipping containers, leading to disruptions in the supply chain and potential changes in business strategies for rubber-producing countries.

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

Original content

Update pepper price See more: Price for pepper today 2/6 According to the website tintaynguyen.com, today's pepper price fell sharply in all surveyed provinces. Specifically, Dong Nai province decreased by 2,000 VND/kg, recording the lowest level of 67,000 VND/kg. Next is Gia Lai province with the price of 67,500 VND/kg after reducing 2,500 VND/kg. Along with a decrease of 1,500 VND/kg compared to yesterday, the provinces of Dak Lak, Dak Nong, Binh Phuoc and Ba Ria - Vung Tau currently buy pepper in the range of 69,000 - 71,000 VND/kg. In the context of the complicated development of the COVID-19 pandemic, Malaysia has imposed stricter enforcement of the Movement for Order Control (MCO) on local agribusinesses. Accordingly, the government announced that it would limit the workforce capacity at plantations, including pepper, to 60% to limit the spread of the pandemic on a wider scale, Agricensus reported. . Mr. Mohd Khairuddin Aman Razali, Minister of Industry and Commodities ...

Source: Vietnambiz