Pepper prices in Vietnam today, May 15: Continuing the downward trend

Published 2023년 5월 15일

Tridge summary

The article provides an overview of both the domestic and international market prices for pepper and rubber. In Vietnam, the domestic pepper price has seen a decrease, with the rate varying across different provinces. According to the International Pepper Association, global pepper prices have remained stable with a slight decrease in the price of Lampung black pepper and Muntok white pepper. Vietnam continues to be the largest market for Brazilian pepper exports, with the average export price to Vietnam experiencing a significant drop from the previous year. In the Asian market, rubber prices have trended downward due to economic instability but have shown slight recovery in the latter half of April amid concerns of supply shortages. Thailand has reported a slight increase in rubber prices compared to the previous month, though they remain below the levels of the same period in 2022.

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

Original content

Update pepper price Domestic pepper price According to the survey, the price of pepper in the domestic market currently fluctuates between 72,000 - 75,500 VND/kg after decreasing by 1,000 - 1,500 VND/kg. Recording shows that Gia Lai province is having the corresponding price of 72,000 VND/kg - a decrease of 1,000 VND. Next are the three provinces of Dong Nai, Dak Lak and Dak Nong with the same purchase price of 73,000 VND/kg. In which, pepper price in Dong Nai decreased by 1,000 VND and two provinces of Dak Lak and Dak Nong decreased by 1,500 VND. Similarly, pepper prices today in Binh Phuoc and Ba Ria - Vung Tau both decreased by 1,000 dong, down to 75,000 dong/kg and 75,500 dong/kg, respectively. World pepper price According to the update from the International Pepper Association (IPC) on May 12 (local time), the world pepper price compared to May 11 is as follows: - Lampung black pepper (Indonesia): at $3,565/ton, down 0.2% - Brazilian black pepper ASTA 570: at ...

Source: Vinanet