Pepper price today April 5, 2024: Still struggling around the 94,000 VND/kg mark

Published 2024년 4월 5일

Tridge summary

On April 5, 2024, the global pepper market showed stability with unchanged prices across several countries. Indonesia's Lampung black pepper and Muntok white pepper were priced at 4,446 USD/ton and 6,156 USD/ton, respectively. Malaysia and Brazil also reported stable prices for their pepper varieties, with Vietnam's black and white pepper prices slightly varying. Domestic prices in Vietnam experienced a minor increase, particularly in Gia Lai. The article underscores the influence of global demand and harvest seasons on pepper price stability, while also addressing the challenges of market volatility and quality disputes within the pepper industry.

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

Original content

Pepper price today is April 5 in the world In the world, the pepper market on April 5 remained stable in many countries. Accordingly, the price of Lampung black pepper in Indonesia is anchored at 4,446 USD/ton. The price of Muntok white pepper in this country is flat; at 6,156 USD/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 remains at 4,500 USD/ton. In Vietnam, export prices of black pepper 500 and 550 g/l remained at 4,200 and 4,300 USD/ton, respectively. The export price of white pepper is anchored at 6,000 USD/ton. VPSA Association said that the global corporation McCormick (USA) currently invests in many countries such as India, China and some European countries. This is also the largest importer of spices in the US. In 2023, the US will import 54 thousand tons of Vietnamese pepper, accounting for 20.5% of exports ...

Source: Agriculture