Pepper prices today March 21, 2024: Simultaneously decreased slightly

Published 2024년 3월 21일

Tridge summary

Pepper prices saw a slight decrease in Indonesia on March 21, with Lampung black pepper and Muntok white pepper dropping by 0.09%. However, prices remained stable in other countries, including Malaysia and Brazil. In Vietnam, pepper prices increased by 100 USD/ton, despite a domestic market decrease of 500 VND/kg. The global pepper output is expected to drop by 2% in 2024, with Vietnam's output potentially falling to around 170,000 tons.

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

Original content

Pepper prices today March 21 in the world Around the world, the pepper market on March 21 continued to decrease slightly in Indonesia but remained flat in other countries. Accordingly, the price of Lampung black pepper in Indonesia decreased by 0.09%; about 4,287 USD/ton. The price of Muntok white pepper in this country also decreased by 0.09%; at 6,237 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 remained at 4,375 USD/ton. In Vietnam, it is increasing by 100 USD/ton. Thereby bringing the export price of black pepper grades 500 and 550 g/l to 4,200 and 4,300 USD/ton, respectively. The export price of white pepper increased to 6,000 USD/ton. World pepper prices today decreased slightly in Indonesia, increased in Vietnam and remained unchanged in other markets. IPC assessed that after 4 weeks of recording a decrease, ...

Source: Agriculture