Vietnam: Peppercorn market on September 12, El Nino and speculative activities are factors affecting supply and demand

Published 2023년 9월 12일

Tridge summary

According to the International Pepper Association, global pepper prices have seen various developments. Prices for black pepper from Lampung Indonesian, Brazilian, Malaysian, and Vietnamese are at different levels, while white pepper prices from Muntok, Malaysia, and Vietnam also vary. Demand for Kampot pepper remains stable despite the global crisis, and experts predict that pepper prices will increase in the long term due to decreased supply in major consuming countries like the US and EU. Vietnam's pepper imports have decreased, while Brazil is dealing with issues related to Salmonella bacteria. Vietnam's pepper exports have increased in volume but decreased in value compared to the previous year.

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

Original content

Domestic pepper price (Unit: VND/kg) Giatieu.com According to the International Pepper Association (IPC), world pepper prices on September 11 (local time) have the following developments: - Lampung Indonesian black pepper price minus 0.09% closed at 4,317 USD/ton. - Brazilian black pepper price ASTA 570 closed at 3,350 USD/ton; - Kuching (Malaysia) ASTA black pepper price remained unchanged at 4,900 USD/ton; - Prices of Vietnamese black pepper 500 g/l and 550 g/l are at 3,500 USD/ton and 3,600 USD/ton, respectively; - Muntok white pepper price decreased by 0.21% to 6,389 USD/ton. - Malaysian ASTA white pepper price maintained at 7,300 USD/ton; - Vietnam white pepper price is 5,100 USD/ton; - India's GARBLED and UNGARBLED pepper prices are pegged at 65,500 rupees/100kg and 63,500 rupees/100kg, respectively. Daily price list of black pepper and white pepper International Pepper Community Latest world pepper prices updated from IPC. Pepper ...

Source: Vinanet