Tridge summary
On June 25, 2024, the global pepper market saw a significant decrease in prices, with notable drops in Indonesia, Vietnam, and Brazil. However, prices in Malaysia and China remained stable. In Vietnam, the domestically grown pepper prices also declined due to the global market trend and the impact of the Muslim holiday Eid al-Adha. The decrease in prices was also attributed to a lack of transactions and speculative activities by market participants.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
World pepper prices today June 25 Around the world, the pepper market on June 25 decreased sharply in many countries. Accordingly, the price of Lampung black pepper in Indonesia decreased by 9.62%, to 7,090 USD/ton. The price of Muntok white pepper in this country decreased by 7.36%, at 9,691 USD/ton. Malaysia's Kuching ASTA black pepper price is anchored at 7,500 USD/ton; This country's ASTA white pepper costs 8,800 USD/ton. For the Brazilian market, the price of ASTA 570 black pepper fell to 7,200 USD/ton, down 4.17%. In Vietnam, the price of exported black pepper 500 g/l decreased by 10.17%, trading at 5,900 USD/ton; The 550 g/l type decreased by 9.52%, down to 6,300 USD/ton. The export price of white pepper fell to 8,800 USD/ton, down 10.23%. World pepper prices today dropped sharply in Indonesia, Vietnam and Brazil. Last week, the pepper market reacted mixed. Specifically, in the South Asia region, India's domestic and international pepper prices have continued to increase ...
Source: Agriculture
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