Pepper prices in Vietnam today, October 7: Ranging from 48,500 to 51,000 VND / kg

Published 2020년 10월 7일

Tridge summary

The article reports that as of October 7, 2020, the pepper price in Vietnam's domestic market remained stable, with prices ranging from 48,500 VND / kg to 51,000 VND / kg across different provinces. In the global market, there were varied trends in pepper prices, with decreases in Indonesia and increases in India, Malaysia, and Sri Lanka. The article also highlights Vietnam's pepper export to Algeria, where high import taxes and competition from other countries, including India and Pakistan, have affected market dynamics. In contrast, the Portuguese market has shown a positive trend towards Vietnamese pepper, with an increase in imports compared to the same period in 2019.

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, October 7, 2020, went sideways compared to yesterday's session. Specifically, in Dak Lak and Dak Nong provinces, the price of pepper today is 49,500 VND / kg. In Gia Lai province, today pepper prices were purchased at 49,000 VND / kg. In Ba Ria - Vung Tau province today, pepper price is 51,000 VND / kg, this is the locality with the highest price in the whole region. In Binh Phuoc province, today pepper prices are at 50,000 VND / kg. In Dong Nai province, today pepper prices are at 48,500 VND / kg. Thus, the price of pepper in the whole region today fluctuates from 48,500 to 51,000 VND / kg. In the first half of September 2020, domestic pepper prices increased slightly for both black and white pepper. Meanwhile, in other producing countries, pepper prices in August 2020 recorded mixed reactions. Domestic black pepper prices in Indonesia decreased by 10% while India, Malaysia and Sri Lanka recorded an ...

Source: tieudung