Vietnamese pepper price today 30/7, the purchase price is stable in the range of 71,000 - 75,000 VND/kg

Published 2021년 7월 30일

Tridge summary

The article provides an update on the current prices of pepper in Vietnam, with no changes from the previous rates, ranging from 71,000 VND/kg in Gia Lai province to 75,000 VND/kg in Ba Ria - Vung Tau. It also notes a decrease in pepper exports from the world's top two suppliers, Vietnam and Brazil, while imports by the US, Japan, and Canada have increased. Concurrently, the price of rubber for June delivery at the Tokyo Commodity Exchange and the price of RSS3 rubber for July delivery at the Shanghai Commodity Futures Exchange have both seen slight decreases. The US import of natural rubber has seen a decrease in volume but an increase in value, with Vietnam becoming a larger supplier to the US market, accounting for 5.2% of total US imports, up from 3.8% in the first five months of 2020.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Update pepper price According to tintaynguyen.com, pepper price today no new fluctuations, localities continue to trade at the old price. In which, Gia Lai province recorded the lowest level of 71,000 VND/kg. Next are the provinces of Dong Nai, Dak Lak and Dak Nong in the range of 72,000 - 73,000 VND/kg. Similarly, purchasing prices in two provinces of Binh Phuoc and Ba Ria - Vung Tau were stable at 74,000 VND/kg and 75,000 VND/kg, respectively. In the first 5 months of 2021, pepper exports of the world's two largest supplying markets, Vietnam and Brazil, decreased while the third largest exporter, Indonesia, increased slightly. Regarding imports, the amount of pepper imported by the US, Japan and Canada increased over the same period last year, but imports from China, France and South Korea decreased. According to data from the International Trade Center (ITC), Brazil's pepper exports in the first five months of this year fell by 4.3% year-on-year to 41 thousand tons. This ...
Source: Vietnambiz

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