Pepper price today in Vietnam, June 14, 2023, increases to 74,000 VND/kg

Published Jun 14, 2023

Tridge summary

World pepper prices are experiencing mixed trends, with a slight increase in Indonesia and stable prices in other countries. Indonesia has seen a slight increase in the price of Lampung black pepper and Muntok white pepper. In contrast, Malaysia's Kuching ASTA black and white pepper prices remain stable. Brazil's pepper exports have increased for the second month in a row, reaching 8,564 tons in April 2023, up 10.5% from the previous month and 14.4% from the same period last year. Vietnam's pepper exports are predominantly to the Asian market, with a notable increase in exports to China, the Philippines, and Africa. Domestically, Vietnam's pepper price is trading around 71,000 - 74,000 VND/kg.

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

Original content

World pepper price today 14/6 Pepper price today 14/6 in the world market is increasing slightly in Indonesia but sideways in other countries. Accordingly, the price of Lampung black pepper in Indonesia increased by 0.03%; up to 3,767 USD/ton. The price of Muntok white pepper in this country is increasing by 0.05%; at $6,222/ton. Malaysia's Kuching ASTA black pepper price remained stable at $4,900/ton; while the country's ASTA white pepper is still priced at $7,300/ton. For the Brazilian market, the price of black pepper ASTA 570 is at $2,950/ton. In Vietnam, the export price of black pepper of 500 and 550 g/l is at 3,500 and 3,600 USD/ton, respectively. Export price of white pepper is at USD 5,000/ton. World pepper prices today are turning to increase slightly in Indonesia and remain stable in other markets. As noted, pepper exports of the world's two largest producing countries, Vietnam and Brazil, have increased again since the beginning of this year. In particular, the strong ...

Source: Agriculture