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Pepper price today, 24/3/2023 in Vietnam; experts say the price could reach 80,000 VND/kg by the end of the year

White Peppercorn
Whole Black Peppercorn
Vietnam
Published Mar 24, 2023

Tridge summary

World pepper price today 24/3. Pepper price today 24/3 in the world market continued to be quiet in other countries. Accordingly, the price of Lampung black pepper in Indonesia is still at $3,500/ton. And the price of Muntok white pepper of this country is pegged at $6,027/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 continued to have a second straight session of going sideways. The high interest rates of banks affected the purchasing power and restrained the price increase of the pepper market. In addition, the unfavorable world economic situation may reduce imports. Many countries experience currency devaluation, lack of USD leads to a decrease in imports.

Original content

World pepper price today 24/3 Pepper prices today 24/3 in the world market continued to be quiet in many countries. Accordingly, the price of Lampung black pepper in Indonesia is still at $3,500/ton. And the price of Muntok white pepper of this country is pegged at $6,027/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 continued to have a second straight session of going sideways. The high interest rates of banks affected the purchasing power and restrained the price increase of the pepper market. In addition, the unfavorable world economic situation may reduce imports. Many countries experience currency devaluation, lack ...
Source: Agriculture
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