Pepper prices today 5/9: Some places increased by 500 VND / kg

Published 2020년 9월 5일

Tridge summary

On September 5, 2020, Vietnam witnessed a slight increase in pepper prices across its regional markets, with figures ranging from 47,500 VND to 50,000 VND per kg. Despite a minor uptick in August, pepper exports have seen a consistent decline since 2019, with a 4.6% drop in volume and 3% increase in value compared to the same period in the previous year. The first eight months of 2020 recorded exports of 203 thousand tons at a value of $ 445 million, marking a 7.4% decrease in volume and 19.9% decrease in value from the same period in 2019. Notably, the export of ground black pepper experienced significant growth in major markets like the United States, UK, Netherlands, Japan, Australia, Thailand, Sweden, China, and Korea, with notable increases in Germany and Chile.

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

Original content

As recorded in the domestic agricultural market, the price of pepper today on September 5, 2020 increased slightly compared to the previous session. Specifically, in Binh Phuoc province, pepper prices today increased by 500 VND / kg to 49,000 VND / kg. The remaining localities have not changed. In Dak Lak and Dak Nong provinces, pepper prices today were purchased at 48,500 VND / kg. In Ba Ria - Vung Tau province today, pepper price is 50,000 VND / kg, this is the locality with the highest price in the whole region. In Gia Lai and Dong Nai provinces, today pepper prices were purchased at VND47,500 / kg. Thus, the price of pepper in the whole region today ranges from 47,500 to 50,000 VND / kg. According to the Import and Export Department (Ministry of Industry and Trade), pepper exports in August 2020 reached 18 thousand tons, worth $ 45 million, down 0.1% in volume but up 0.3% in value compared to In July 2020, compared with August 2019, it decreased by 4.6% in volume and 3% in ...

Source: tieudung