Vietnam: Pepper market on September 6, domestic price reached 73,000 VND/kg

Published 2023년 9월 6일

Tridge summary

Recent developments in world pepper prices include a slight decrease in Indonesian black pepper prices due to increased selling pressure as the season nears its end. The overall trend of pepper cultivation in Indonesia is decreasing, with a 22% drop in output expected in 2022 and a further 15% decrease forecasted for 2023. Additionally, the demand for pepper from China, the US, and the EU is not expected to improve in the short term.

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

Original content

Domestic price pepper(Unit: VND/kg) Giatieu.com According to the International Pepper Association (IPC), world pepper prices on September 5 (local time) have the following developments: - Lampung Indonesian black pepper price minus 0.09% closed at 4,343 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 lost 0.08% to 6,501 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 prices ...

Source: Vinanet