Global pepper market on October 2: Vietnam's pepper industry benefits from high export prices as supply tightens

게시됨 2024년 10월 2일

Tridge 요약

The Vietnamese pepper industry is benefiting from high export prices due to a limited supply, with over 200,000 tons exported in the first nine months of 2024, generating more than 1 billion USD—a 47% increase in value from the previous year. Meanwhile, drought in Espírito Santo, Brazil, has severely impacted the global pepper market, causing significant crop losses. In response, Brazilian farmers are considering growing pepper under shade trees to potentially improve yields.

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원본 콘텐츠

Daily price list of black pepper and white pepper Highlights: - Mr. Phan Minh Thong - Chairman of the Board of Directors of Phuc Sinh Joint Stock Company commented that the Vietnamese pepper industry is benefiting from high export prices when supply is limited. - According to the General Department of Customs, Vietnam sold more than 200,000 tons of pepper to the market in the first 9 months of 2024, earning more than 1 billion USD, an increase of nearly 47% in value compared to the same period last year, due to high selling prices. - Drought in Espírito Santo (Brazil), which supplies more than half of Brazil's black pepper output, has greatly affected the country's pepper harvest and the world market in general. The black pepper crop in the north of the state was damaged by half due to high summer temperatures, and this situation continued into autumn and winter. Growers said that the pepper berries had fallen prematurely and the harvest was very ...

출처: Vinanet