Pepper prices in Vietnam and the world today (December 16, 2022); prices are stable again

Published 2022년 12월 16일

Tridge summary

World pepper prices are experiencing a slight decrease in Indonesia and Vietnam, with factors such as increasing interest rates, global recession, and the Chinese market's closure contributing to the downward trend. In contrast, domestic pepper prices in Vietnam have stabilized after a previous decline, ranging from 57,500 to 60,000 VND/kg. Meanwhile, coffee prices have seen a slight increase in the domestic market.

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

Original content

World pepper price today 12/16 Pepper prices today on December 16 in the world market are falling slightly in Indonesia and Vietnam, while other countries are flat. In Indonesia, the price of Lampung black pepper decreased slightly by 0.05%, to $3,803/ton. The country's price of Muntok white pepper is down 0.07%, at $5,918/ton. Malaysia's Kuching ASTA black pepper price was unchanged, remaining at $4,900/ton; while the country's ASTA white pepper remained at $7,300/ton. For the Brazilian market, the price of black pepper ASTA 570 kept at $2,500/ton. In Vietnam, the export price of black pepper 500g/l and 550g/l decreased slightly by 50 USD/ton, to 3,100 - 3,200 USD/ton. Similar to the above decrease, white pepper price dropped to $4,550/ton. World pepper prices today listed by the International Pepper Community (IPC) decreased slightly in Indonesia and Vietnam. According to IPC, the world will face a global recession in 2023. And many negative factors are causing global pepper ...

Source: Agriculture