Pepper price today May 6, 2024 in Vietnam: Last week increased sharply by 6,000 VND/kg

Published 2024년 5월 6일

Tridge summary

As of May 6, 2024, global pepper prices remained stable with Indonesia, Malaysia, Brazil, and Vietnam setting the prices for Lampung black pepper, Muntok white pepper, Kuching ASTA black pepper, ASTA white pepper, and black pepper grades 500 and 550 g/l at 4,757 USD/ton, 6,303 USD/ton, 4,900 USD/ton, 7,300 USD/ton, 4,400 USD/ton, and 4,500 USD/ton respectively, and white pepper at 6,000 USD/ton. The domestic market in Vietnam saw prices ranging from 103,000 VND/kg to 104,000 VND/kg. In April 2024, Vietnam achieved a significant increase in pepper export value by 40.4% compared to the same period last year, with the average export price reaching 4,342 USD/ton. Despite accounting for 40% of the global output and 60% of the global export market share, Vietnam's domestic pepper price was the lowest among the major exporters.

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

Original content

World pepper prices today May 6 In the world, the pepper market on May 6 remained stable in many countries. Accordingly, the price of Lampung black pepper in Indonesia is anchored at 4,757 USD/ton. The price of Muntok white pepper in this country remains at 6,303 USD/ton. Malaysia's Kuching ASTA black pepper price remained stable at 4,900 USD/ton; This country's ASTA white pepper is still priced at 7,300 USD/ton. For the Brazilian market, the price of ASTA 570 black pepper is anchored at 4,700 USD/ton. In Vietnam, export prices of black pepper grades 500 and 550 g/l remained at 4,400 and 4,500 USD/ton, respectively. The export price of white pepper is anchored at 6,000 USD/ton. World pepper prices today continue to move sideways. IPC assessed that the pepper market had a positive trend last week when no country reported a decrease. Thus, world pepper prices on May 6, 2024 have no new fluctuations compared to yesterday. Pepper price today is 6/5 in the country Domestically, the ...

Source: Agriculture