Pepper price in Vietnam and the world today, 7/5/2023; prices up to 74,000 VND/kg

Published 2023년 5월 7일

Tridge summary

As of May 7, 2023, global pepper prices remained stable with no significant changes, with varying prices for different types and locations. The domestic pepper market in Vietnam saw a sharp increase in prices for the fourth consecutive session, reaching 74,000 VND/kg, due to concerns about supply shortage and stockpiling. Despite the lack of specific harvest data for 2023, pepper growers are expecting a decrease in production. Vietnam's export of pepper in the first four months of 2023 reached 107,000 tons.

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

Original content

World pepper price today 7/5 Pepper prices today 7/5 in the world market remained stable in all countries. Accordingly, the price of Lampung black pepper in Indonesia remained at $3,506/ton. And the price of Muntok white pepper of this country is at 6,076 USD/ton. Malaysia's Kuching ASTA black pepper price remained stable at $4,900/ton; while the country's ASTA white pepper is still priced at $7,300/ton. For the Brazilian market, the price of black pepper ASTA 570 is at $2,950/ton. In Vietnam, the export price of black pepper of 500 and 550 g/l is at 3,500 and 3,600 USD/ton, respectively. Export price of white pepper is at USD 5,000/ton. World pepper prices today have no new changes. This week, the world pepper market recorded mixed fluctuations. In which, prices of pepper in India and Indonesia decreased slightly. Meanwhile, Vietnam's export and domestic pepper prices increased sharply. The other markets did not change significantly. According to the International Pepper ...

Source: Agriculture