News

Pepper price today in Vietnam February 20, 2024: Hot increase of 2,000 VND/kg

Whole Black Peppercorn
White Peppercorn
Vietnam
Market & Price Trends
Published Feb 20, 2024

Tridge summary

On February 20, 2024, pepper prices in Indonesia saw a slight increase, with Lampung black pepper and Muntok white pepper reaching 3,912 USD/ton and 6,168 USD/ton respectively, marking a 0.15% rise. Meanwhile, in Vietnam, export prices for black pepper grades 500 and 550 g/l remained stable at 3,900 and 4,000 USD/ton, respectively, and white pepper at 5,700 USD/ton. However, the domestic pepper market in Vietnam experienced a significant increase of 2,000 VND/kg due to high demand from the US, EU, Asia, and Africa for spot orders in Q1 2024.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Pepper prices today February 20 in the world In the world, the pepper market on February 20 increased slightly in Indonesia but remained flat in other countries. Accordingly, the price of Lampung black pepper in Indonesia increased by 0.15%; increased to 3,912 USD/ton. The price of Muntok white pepper in this country also increased by 0.15%; at 6,168 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 is at 3,270 USD/ton. In Vietnam, export prices of black pepper grades 500 and 550 g/l remained at 3,900 and 4,000 USD/ton, respectively. The export price of white pepper reached 5,700 USD/ton. World pepper prices today increased slightly in Indonesia and remained stable in other markets. IPC said that the pepper market reacted mixed last week when many markets reopened after the Lunar New Year. In the South Asia region, both ...
Source: Agriculture

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