Pepper prices in Vietnam today (September 11, 2023); market goes sideways

Published 2023년 9월 11일

Tridge summary

Pepper prices in the global market are stable, with fluctuations only seen in certain countries. Cambodia's pepper exports have decreased significantly due to the global economic recession, market uncertainty, climate change, and illegal exports through Vietnam and Thailand. Domestic pepper prices in Vietnam have remained steady, with slight increases in August, but export volumes and values have decreased compared to previous years. The outlook for Vietnam's pepper exports is expected to remain at a low level due to limited supply and weak demand from major markets.

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

Original content

Pepper prices today 9/11 in the world In the world, the pepper market has no new fluctuations in all countries. Accordingly, the price of Lampung black pepper in Indonesia decreased by 0.05%, to 4,321 USD/ton. The price of Muntok white pepper in this country also decreased by 0.05%; at 6,466 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 2,900 USD/ton. In Vietnam, export prices of black pepper 500 and 550 g/l are at 3,500 and 3,600 USD/ton, respectively. The export price of white pepper remained at 5,100 USD/ton. World pepper prices are still remaining stable. Last week, the pepper market fluctuated mixed when only Vietnamese domestic black pepper was reported to increase. According to the Cambodian Ministry of Agriculture, Forestry and Fisheries, in the first half of 2023, this country's pepper exports ...

Source: Agriculture