Vietnam: Pepper price today (August 24, 2021); prices continue to be stable in the range of 75,000-79,000 VND/kg

Published 2021년 8월 24일

Tridge summary

The article provides an update on the current prices of pepper and rubber in various regions. In Vietnam, the pepper prices remain stable with Ba Ria - Vung Tau province setting the highest price at 79,000 VND/kg. Meanwhile, in Nigeria, the selling price of commodities like tomatoes, pepper, and onions is influenced by seasonal factors and inflation, with large bags of dried pepper costing 45,000 naira or more.

Shifting the focus to the rubber market, there's a mixed trend in prices. In Tokyo, the price for August 2021 delivery dropped by 0.25%, while in Shanghai, it increased by 0.64%. Over the past 10 days, rubber prices have seen an upward trend in Asian exchanges, with significant increases reported at the Osaka Commodity Exchange. Thai markets also show an increase in RSS 3 rubber prices. Additionally, the article mentions a decrease in natural rubber inventories in Shanghai, alongside an increase in inventories under futures contracts.

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

Original content

Update pepper price See more: Price for today's pepper 25/8 According to tintaynguyen.com, pepper price today is generally stable, there are not many new changes compared to yesterday. In which, Ba Ria - Vung Tau province still maintains the leading position with the price of 79,000 VND/kg. Following is Binh Phuoc province at 78,000 VND/kg. Similarly, the two provinces of Dak Lak and Dak Nong continue to buy together at VND 77,000/kg. Particularly, Gia Lai province adjusted down 500 VND/kg today, about 75,000 VND/kg along with Dong Nai province. In Nigeria, inflation rate has increased sharply in recent months due to complicated developments of the pandemic and insecurity. In the state of Lagos, the selling price of some items has been inflated and is continuing to increase daily. For local commodities such as tomatoes, pepper and onions, seasonal factors determine the availability and supply of these commodities in the market. In particular, pepper and onions are expensive but ...

Source: Vietnambiz