The consumer price on 8/12 increased to 149,000 VND/kg, pepper exports in November achieved a breakthrough for the fourth consecutive month.

Source: hangthat.thuonghieucongluan.com.vn The domestic pepper market showed a slight recovery on December 8th after a period of strong adjustment. The survey indicates that pepper prices in Đắk Lắk and Đắk Nông increased by 500 VND/kg, reaching 149,000 VND/kg. In Gia Lai, the Chư Sê area also recorded a similar increase, trading at 147,500 VND/kg. In the Southeast, Bình Phước increased to 148,000 VND/kg, while Bà Rịa – Vũng Tàu remained at 147,500 VND/kg. Despite the increase today, the market still closed a week with a sharp decline. Compared to the previous week, pepper prices decreased by 2,000 to 3,000 VND/kg, with Gia Lai being the most significant drop. Đắk Lắk and Đắk Nông decreased by 2,000 VND/kg, while in the Southeast, prices in Bà Rịa – Vũng Tàu and Đồng Nai dropped by 2,500 VND/kg. This decrease is attributed to the additional supply from the new crop care progress, but low inventory and the continued narrowing of industry production helped prevent prices from ...