Pepper prices today September 18: Some places increase by 500 VND / kg

Published 2020년 9월 18일

Tridge summary

Pepper prices in Vietnam saw a slight increase on September 18, 2020, with prices ranging from 47,500 to 50,000 VND / kg across different provinces. This comes as demand for pepper is on the rise globally, particularly in India, due to falling prices. The US, China, and India are the world's top pepper consumers. Meanwhile, Norway's pepper imports have increased by 13% in the first 7 months of 2020 compared to the same period in 2019. India, Vietnam, Brazil, Sri Lanka, and Denmark are the top suppliers of pepper to Norway. Additionally, the export of key agricultural products from Vietnam to the EU has increased by 15-17% after the Vietnam - Europe Free Trade Agreement (EVFTA) was implemented.

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

Original content

As recorded in the domestic agricultural market, pepper prices today increased slightly on September 18, 2020 compared to yesterday's session. Specifically, the whole region has only Dong Nai province pepper prices today reported a slight increase of 500 VND / kg to 47,500 VND / kg. The remaining localities have not changed. In Dak Lak and Dak Nong provinces, today pepper prices were purchased at 48,500 VND / kg. In Gia Lai province, today pepper prices were purchased at VND 47,500 / kg. In Ba Ria - Vung Tau province, pepper price today reached 50,000 VND / kg, this is the locality with the highest price in the whole region. In Binh Phuoc province, today pepper prices are at 49,000 VND / kg. Thus, the price of pepper in the whole region today ranges from 47,500 to 50,000 VND / kg. Around the world, demand for pepper in India as well as other countries is on the rise due to decreasing pepper prices. Industrial demand in general in India is growing as it needs at least 5,000 tons of ...

Source: tieudung