World pepper price today 20/3/2023 with Vietnam having highest at 66,000 VND/kg

Published Mar 20, 2023

Tridge summary

As of March 20, 2023, global pepper prices have remained stable compared to the previous day. The price for Lampung black pepper in Indonesia, Malaysia's Kuching ASTA black pepper, and Brazilian black pepper ASTA 570 are all unchanged. In Vietnam, both black and white pepper prices also remain steady. However, last week, the global pepper market experienced fluctuations due to changes in the Indian rupee. Meanwhile, in the domestic market in Vietnam, pepper prices have remained unchanged, ranging from 64,000 to 66,000 VND/kg. Experts predict that pepper prices may increase in the short term due to decreased output and increased demand.

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

Original content

World pepper price today 20/3 Pepper price today 20/3 in the world market remained stable compared to yesterday. Accordingly, the price of Lampung black pepper in Indonesia remained at $3,497/ton. The price of this country's Muntok white pepper is pegged at $6,021/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 500 and 550 g/l, respectively, remained at $3,325 - 3,375 USD/ton. And the price of white pepper is 4,880 USD/ton. World pepper prices today are still maintaining stable. Summarizing last week, the global pepper market fluctuated mixed. In particular, the price of Indian coffee decreased due to the weakening of the country's rupee against the dollar. Thus, today's pepper price on March 20, 2023 in the world market is flat compared to yesterday. Domestic ...

Source: Agriculture