Today's pepper price in Vietnam, April 19, 2023: Indonesian pepper continues to decrease in price

Published 2023년 4월 19일

Tridge summary

World pepper prices on April 19, 2023, saw a decline in Indonesia but remained stable in other countries. In Indonesia, the price of Lampung black pepper and Muntok white pepper decreased by 0.56% and 0.55% respectively. Meanwhile, Malaysia's Kuching ASTA black and white pepper prices remained stable. In Vietnam, the export price of black and white pepper also remained the same. The domestic pepper price in Vietnam continued to move sideways, with the highest price being 66,000 VND/kg. The economic crisis has led pepper importing countries to limit their purchases, driving domestic pepper prices down. Domestic enterprises are exploring niche markets to avoid dependence on leading pepper import markets. The first quarter of 2023 saw an increase in exports to markets like China, Iran, Türkiye, Egypt, and Senegal, while imports from the United States, Germany, the Netherlands, the United Kingdom, and India decreased.

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

Original content

World pepper price today 19/4 Pepper prices today on April 19 in the world market continued to decline in Indonesia but remained unchanged in other countries. Accordingly, the price of Lampung black pepper in Indonesia decreased by 0.56%, to USD 3,540/ton. The country's price of Muntok white pepper fell 0.55%, at $6,002 per ton. Malaysia's Kuching ASTA black pepper price remained stable at $4,900/ton; while the country's ASTA white pepper is still priced at $7,300/ton. For the Brazilian market, the price of black pepper ASTA 570 is at $2,950/ton. In Vietnam, the export price of black pepper 500 and 550 g/l, respectively, remained at $3,225 - 3,275 USD/ton. And the price of white pepper is 4,780 USD/ton. World pepper prices today continued to have another decrease in the Indonesian market, but remained flat in other markets. Last week, the global pepper market was mixed, when only Malaysian domestic pepper decreased. Accordingly, Indian pepper prices have maintained a sideways ...

Source: Agriculture