Pepper price today 20/7: The highest level is 49,500 VND / kg

Published 2020년 7월 20일

Tridge summary

Pepper prices in the Vietnamese market remained steady on July 20, 2020, with prices ranging from 46,500 to 49,500 VND per kg across different provinces. Meanwhile, in Kochi, India, pepper prices increased by 1 rupee to 304 USD per kg on July 17, driven by increased demand for the spice during upcoming festivals and from home-shopping businesses. However, farmers face challenges in marketing pepper husks and chopped pepper due to high demand from small and medium masala producers, leading to increased processing costs and a imbalance between whole and peeled pepper. Additionally, the humidity during the monsoon season poses marketing difficulties and farmers with small quantities are advised to store products appropriately to protect from insects and maintain product quality.

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

Original content

As noted in the domestic market of agricultural prices, pepper prices today 20/7/2020 sideway compared to the previous session. Specifically, in Dak Lak province, Dak Nong, today's pepper price was purchased at VND 48,000 / kg. In Ba Ria - Vung Tau province, pepper price today was VND 49,500 / kg, the highest price in the whole region. In Binh Phuoc province, pepper price today was bought at VND 48,500 / kg. In Dong Nai province, pepper price today is at VND 47,000 / kg. In Gia Lai province, the price of pepper today is VND 46,500 / kg, this is the locality with the lowest price. Thus, the price of pepper throughout the region today ranges from 46,500 - 49,500 VND / kg. According to The Hindu BusinessLine, the price of pepper at Kochi increased by 1 rupee to 304 USD / kg on 17/7. Traders said that consumers are increasingly buying to meet the needs of festivals such as Onam, Raksha Bandhan and Vinayaka Chathurthy which are about to take place across the country. An increase in ...

Source: tieudung