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Pepper market in Vietnam today, June 2: Prices remain stable

Whole Black Peppercorn
White Peppercorn
Vietnam
Published Jun 3, 2023

Original content

Domestic price pepper(Unit: VND/kg) Giatieu.com In the domestic market, Chu Se (Gia Lai) closed the lowest level at 72,500 VND/kg; Dak Lak - Dak Nong at 74,000 VND/kg; Binh Phuoc closed at 75,000 VND/kg; Chau Duc (Ba Ria) highest at 75,500 VND/kg. The Vietnam Pepper and Spices Association (VPSA) said that due to favorable weather factors, pepper production in the 2022/23 crop is forecast to increase by 10% to about 200,000 tons. VPSA said that if the cutting of pepper to switch to fruit trees lasts, it is possible that in the next three years there will be a shortage of supply. According to the International Pepper Association (IPC), the world pepper price on June 1 (local time) has the following movements: - The price of Brazilian black pepper ASTA 570 settled at 3,350 USD/ton; - The price of black pepper Kuching (Malaysia) ASTA unchanged at 4,900 USD/ton; - Vietnam black pepper price of 500 g/l and 550g/l, respectively, at $3,500/ton and $3,600/ton; - Malaysia ASTA ...
Source: Vinanet
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