Pepper price today July 17, 2024 in Vietnam: Additional discount of 2,000 VND

Published 2024년 7월 17일

Tridge summary

On July 17, 2024, global pepper prices experienced a slight decline, with notable decreases in Indonesia and Brazil. In Indonesia, Lampung black pepper and Muntok white pepper dropped to 7,190 USD/ton and 9,154 USD/ton respectively, while Brazil's ASTA 570 black pepper fell to 7,125 USD/ton. In Vietnam, black pepper prices ranged from 6,000 to 6,600 USD/ton, and white pepper remained steady at 8,800 USD/ton. Domestically, Vietnamese pepper prices also decreased to around 148,000 - 149,000 VND/kg. Experts anticipate a reduction in pepper output in 2024 due to prolonged droughts in major producing countries, which could impact imports and prices.

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

Original content

World pepper prices today July 17 Around the world, the pepper market on July 17 continued to decrease slightly in Indonesia. Accordingly, the price of Lampung black pepper in Indonesia decreased by 0.18%; about 7,190 USD/ton. The price of Muntok white pepper in this country decreased by 0.19%; at 9,154 USD/ton. Malaysia's Kuching ASTA black pepper price is anchored at 7,500 USD/ton; And this country's ASTA white pepper costs 8,800 USD/ton. For the Brazilian market, the price of ASTA 570 black pepper decreased by 0.35%; to the threshold of 7,125 USD/ton. In Vietnam, the export price of 500 g/l black pepper is trading at 6,000 USD/ton; and the 550 g/l type is at 6,600 USD/ton. The export price of white pepper remains at 8,800 USD/ton. World pepper prices are decreasing slightly in Indonesia and Brazil; and the countries remain the same. IPC said that some Indonesian and Brazilian experts believe that the 2024 crop will be affected by prolonged drought, so output is expected to ...

Source: Agriculture