Information on pepper and sugar markets in Vietnam on May 10, 2022

Published May 10, 2022

Tridge summary

The domestic pepper market in India remained stable, while the global pepper market is expected to see a decrease in prices due to reduced demand and geopolitical tensions causing inflation. Vietnam's pepper exports are likely to face challenges in the upcoming months. Meanwhile, Vietnam and India have seen the largest growth in global instant coffee exports in the past 6 months. The price of raw sugar and white sugar on the world floor has also seen movements. Brazilian mills have allocated sugarcane for ethanol production in the first half of April 2022, and Brazilian oil company Petrobras increased the price of diesel.

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

Original content

Pepper The domestic pepper market remained stable while the world pepper market tended to be quite positive. Price PepperDomestic Giatieu.com Global pepper prices are forecast to decrease in the near future due to reduced consumption demand. Global pepper import and export activities are affected by geopolitical tensions, causing high inflation, people tend to tighten spending. Therefore, in the remaining months of the second quarter of 2022, Vietnam's pepper exports will become more difficult. Daily price list of black pepper and white pepper International Pepper Community In the past 6 months, Vietnam and India recorded the largest growth in global instant coffee exports, increasing by 167,000 bags and 108,000 bags respectively over the same period. Exports from Brazil, Ivory Coast, Indonesia and Thailand also recorded an increase of 265,000 bags. The cross-rate of Vietnam Dong to Indian Rupees (INR) from May 5, 2022 to May 11, 2022 applied by the State ...

Source: Vinanet