Tridge summary
Global pepper prices were mixed on December 29, 2022, with a slight decrease in Indonesia and stable prices in other countries. Reduced demand, increased interest rates, and various global crises have led to a decline in pepper prices in 2022. The domestic market in Vietnam also saw a slight decrease in pepper prices, trading around 57,000 - 59,000 VND/kg. The domestic coffee market also experienced a decrease in prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
World pepper price today 12/29 Pepper prices today on December 29 in the world market continued to decrease slightly in Indonesia and flat in other countries. In Indonesia, the price of Lampung black pepper decreased by 0.28%, to $3,567/ton. And the price of this country's Muntok white pepper is also down 0.27%, at $5,891/ton. Malaysia's Kuching ASTA black pepper price was unchanged, remaining at $4,900/ton; while the country's ASTA white pepper remained at $7,300/ton. For the Brazilian market, the ASTA 570 black pepper price remained unchanged at $2,550/ton. In Vietnam, the export price of black pepper 500g/l and 550g/l remained at 3,050 - 3,150 USD/ton. And white pepper price kept at $4,550/ton. World pepper prices today continued to decrease slightly in Indonesia and remained unchanged in other countries. Mr. Marzuki - Executive Director of the International Pepper Community (IPC) said that reduced demand has led to a decline in global pepper prices in 2022. The fact that many ...
Source: Agriculture
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