Pepper price today in Vietnam and the world market, March 18, 2023: Ba Ria - Vung Tau reduced by 500 VND/kg

Published 2023년 3월 18일

Tridge summary

World pepper prices on March 18, 2023, saw a slight increase in Indonesia but remained stable in other countries. In Indonesia, Lampung black pepper and Muntok white pepper prices increased by 0.34% and 0.35% respectively. However, in Malaysia, the prices of Kuching ASTA black pepper and ASTA white pepper remained stable. Brazil's black pepper ASTA 570 price decreased slightly. In Vietnam, the prices of black pepper 500 and 550 g/l, and white pepper remained unchanged. The Vietnam Pepper Association predicts a 5% increase in domestic pepper production in 2023. Domestically, pepper prices in most areas remained flat, with a slight decrease in Ba Ria - Vung Tau. The area under pepper cultivation in Bu Dop district has decreased by over 50% due to epidemics and low prices.

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

Original content

World pepper price today 18/3 Pepper prices today 18/3 in the world market increased slightly in Indonesia but flat in other countries. Accordingly, the price of Lampung black pepper in Indonesia increased slightly by 0.34% to $3,497/ton. The country's price of Muntok white pepper rose slightly to $6,021 per tonne (equivalent to 0.35%). 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 decreased slightly to 2,950 USD/ton. In Vietnam, the export price of black pepper 500 and 550 g/l, respectively, remained at $3,325 - 3,375 USD/ton. And the price of white pepper is 4,880 USD/ton. World pepper prices today are turning to increase slightly in Indonesia. This week, the global pepper market was mixed. In particular, the prices of pepper in India and Sri Lanka simultaneously decreased because the domestic currency of this country fell ...

Source: Agriculture