Pepper price today 5/6: Average around 69,000 VND/kg in Vietnam

Published 2021년 6월 5일

Tridge summary

The article provides an overview of the current pricing and market trends for pepper and rubber in various regions and commodity exchanges. It highlights that pepper prices are stable in most areas, with Ba Ria - Vung Tau and Binh Phuoc provinces in Vietnam reporting the highest prices. Meanwhile, the COVID-19 outbreak in India is impacting black pepper export activities, posing challenges for farmers and traders. In contrast, the US Import and Export Department reports an increase in US rubber imports from Vietnam, which now accounts for 3.09% of the total US rubber imports, up from 1.99% in the first three months of 2020.

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

Original content

Update price See more: Price today 6/6 According to tintaynguyen.com, the price of pepper today is flat in many localities. Currently, Ba Ria - Vung Tau province recorded the highest level according to the survey at 71,000 VND/kg. Followed by Binh Phuoc province with the price of 70,000 VND/kg. The provinces of Dak Lak, Dak Nong and Dong Nai also did not change the purchase price today, maintaining the range from 67,000 VND/kg to 69,000 VND/kg. Only Gia Lai province adjusted compared to yesterday, increasing by 1,500 VND/kg to 68,000 VND/kg. Currently, black pepper export activities in India are being severely affected by the prolonged COVID-19 outbreak, according to DownToEarth. Rajat Das, a black pepper farmer in Laxmipur (Bangladesh), said: “If the disease continues to be complicated, our farmers may have difficulty even recovering the input costs. ". A pepper trader in Koraput (Odisha) shared, exporters usually start buying black pepper from farmers at this time every year. ...

Source: Vietnambiz