Vietnam: Pepper price on 7/9/2023, increased by 500 VND/kg

Published Sep 7, 2023

Tridge summary

On September 7, 2023, the world pepper market saw a slight decrease in prices in Indonesia while prices remained unchanged in other countries. Indonesia experienced a decrease in the prices of Lampung black pepper and Muntok white pepper, while Malaysia and Brazil maintained stable prices. In Vietnam, the export prices of black and white pepper remained steady. Domestically, the pepper market in Vietnam saw a slight increase in prices in some regions, attributed to increased demand from China, Europe, and the US. However, pepper exports in Vietnam decreased compared to the same period last year, leading to predictions of potential shortages and higher prices in the future. The domestic pepper price on September 7, 2023, ranged from 70,500 to 73,500 VND/kg.

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

Original content

Pepper price today 7/9 in the world Worldwide, the pepper market is still slightly decreasing in Indonesia but unchanged in other countries. Accordingly, the price of Lampung black pepper in Indonesia decreased by 0.30%, to 4,330 USD/ton. The price of Muntok white pepper in this country decreased by another 0.31%; at $6,481/ton. Malaysia's Kuching ASTA black pepper price remained stable at 4,900 USD/ton; This country's ASTA white pepper is still priced at 7,300 USD/ton. For the Brazilian market, the price of ASTA 570 black pepper remained at 2,900 USD/ton. In Vietnam, export prices of black pepper 500 and 550 g/l are at 3,500 and 3,600 USD/ton, respectively. The export price of white pepper remained at 5,100 USD/ton. Thus, the world pepper price on September 7, 2023 continued to decrease in Indonesia compared to yesterday. Pepper price today 7/9 in the country Domestically, the pepper market maintained a slight increase compared to yesterday. Specifically, Dak Lak and Dak Nong ...

Source: Agriculture