Pepper prices in Vietnam today, August 18, 2023: Domestic prices continue to decrease by 500 VND/kg

Published 2023년 8월 18일

Tridge summary

On August 18, 2023, the global pepper market remained stable compared to the previous day. The prices of Lampung black pepper and Muntok white pepper in Indonesia increased by 0.24%, while Malaysia's Kuching ASTA black pepper remained steady and ASTA white pepper maintained its price. In Brazil, black pepper prices remained at $2,900/ton, and in Vietnam, the export prices of black and white pepper also remained unchanged. Domestically, the pepper market in Vietnam decreased slightly in some regions but remained stable in others, with prices ranging from 69,000 to 71,500 VND/kg.

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

Original content

Pepper price today 18/8 in the world In the world, the pepper market on August 18 simultaneously moved sideways in all countries. Accordingly, the price of Lampung black pepper in Indonesia increased by 0.24%; to $4,255/ton. And the price of this country's Muntok white pepper also increased by 0.24%; at $6,626/ton. Malaysia's Kuching ASTA black pepper price remained stable at $4,900/ton; while ASTA white pepper of this country is still priced at 7,300 USD/ton. For the Brazilian market, the price of black pepper ASTA 570 kept at $2,900/ton. In Vietnam, the export price of black pepper 500 and 550 g/l is at 3,500 and 3,600 USD/ton, respectively. The export price of white pepper remained at 5,100 USD/ton. The world pepper price is still maintaining the trading level yesterday. According to statistics, pepper prices in Brazil increased by about 18% compared to the beginning of the year, 10% higher than the same period last year. The reason is due to difficulties in purchasing of ...

Source: Agriculture