Pepper price today in Vietnam and in the world, March 7, 2023: Highest at 66,000 VND/kg
Published Mar 7, 2023
Tridge summary
On March 7, 2023, global pepper prices were mixed, with a decrease in the price of Lampung black pepper in Indonesia and a slight increase in Muntok white pepper, while prices in other countries remained stable. In Vietnam, the export price of black pepper remained at $3,325 - 3,375 USD/ton, and white pepper was priced at 4,880 USD/ton. However, the domestic pepper price in Vietnam remained stable. The article also discusses the challenges and limitations of the Vietnamese pepper market, including lack of transparency and pressure to meet technical barriers of importing countries.
Additionally, the article highlights the decline in pepper production in India, attributed to high labor costs, adverse weather conditions, and shifting agricultural preferences, with the country expected to produce 53,500 tons in the 2022-2023 crop, a decrease from 57,000 tons in the previous crop.
Additionally, the article highlights the decline in pepper production in India, attributed to high labor costs, adverse weather conditions, and shifting agricultural preferences, with the country expected to produce 53,500 tons in the 2022-2023 crop, a decrease from 57,000 tons in the previous crop.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
World pepper price today 7/3 Pepper prices today on March 7 in the world market are mixed in Indonesia but flat in other countries. Accordingly, the price of Lampung black pepper in Indonesia dropped sharply by 2.11%, to $3,511/ton. Meanwhile, the price of Muntok white pepper of this country increased slightly to 6,045 USD/ton (equivalent to 0.02%). 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 pegged at $3,000/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 mixed when the black pepper product of Indonesia decreased sharply, but the country's moon pepper increased. Last week, the pepper market fluctuated when the price of Indian pepper fell; While Indonesian pepper prices were ...
Source: Agriculture
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