Pepper price today in Vietnam, November 15, 2022: Turning back to plummet

Published 2022년 11월 15일

Tridge summary

The global pepper market on November 15, 2022, witnessed a significant drop in prices, with black pepper from Indonesia, Malaysia, and Brazil experiencing notable decreases. Meanwhile, the domestic market in Vietnam saw stable pepper prices, with no fluctuations reported. The article also highlights a decrease in coffee prices in the domestic market, but no change in pepper prices. Additionally, the article discusses the export volumes and turnover of pepper in Vietnam, its top export markets, and a workshop on organic pepper production in Ba Ria - Vung Tau province.

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

Original content

Pepper market price today 11/15 World pepper price today In the world market, pepper prices today 11/15 are falling sharply compared to yesterday. Currently, the price of black pepper Lampung (Indonesia) decreased by 4.21%, to $ 3,540/ton. Meanwhile, the price of black pepper Kuching (Malaysia) ASTA remained at 5,100 USD/ton. And the price of Brazilian black pepper ASTA 570 anchored at $2,575/ton. For white pepper, the world pepper market is also falling sharply in Indonesia and flat in other countries. Accordingly, the price of Indonesia's Muntok white pepper plummeted by 2.52%, to $5,824/ton. Meanwhile, the price of Malaysian white pepper ASTA remains at $7,300/ton. The world pepper market today tended to drop sharply after the USD recovered. This morning, the dollar rebounded slightly after many sessions of decline, as investors bet on the US Federal Reserve (Fed) will slow down the rate of interest rate hike in the near future. Along with that, speculative cash flows have ...

Source: Agriculture