News

Pepper price today February 21, 2024: Increased sharply to nearly 90,000 VND/kg

Other Sweet Pepper
Indonesia
Market & Price Trends
Published Feb 21, 2024

Tridge summary

Pepper prices in Indonesia saw a slight decrease on February 21, with Lampung black pepper dropping by 0.18% to 3,905 USD/ton and Muntok white pepper also decreasing by 0.18% to 6,157 USD/ton. Meanwhile, domestic pepper prices in Vietnam experienced a significant increase, trading between 86,500 - 89,500 VND/kg. Looking ahead, China's demand for pepper imports is expected to rise in 2024, creating potential opportunities for pepper exporters globally.
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 21 in the world In the world, the pepper market on February 21 decreased slightly in Indonesia but stood still in other countries. Accordingly, the price of Lampung black pepper in Indonesia decreased by 0.18%; increased to 3,905 USD/ton. The price of Muntok white pepper in this country also decreased by 0.18%; at 6,157 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 are slightly decreasing in Indonesia and remaining the same in other markets. According to data calculated from the China Customs Authority, the country's pepper imports in 2023 will reach 9.18 thousand tons, ...
Source: Agriculture

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