Pepper price today February 23, 2024: Domestic shock increase of 4,500 VND/kg

Other Sweet Pepper

Indonesia

Market & Price Trends

Published Feb 23, 2024

Tridge summary

Pepper prices in Indonesia saw a slight increase on February 23, with Lampung black pepper and Muntok white pepper rising by 0.18%. However, prices remained stable in other countries, including Malaysia and Vietnam. The export price of white pepper in Vietnam reached 5,700 USD/ton. Looking ahead, China's average import price of pepper is expected to decrease by 10.2% in 2023, while its import price from India is projected to rise by 14.5%. Meanwhile, the domestic pepper market in Vietnam continues to heat up, with prices increasing sharply by 3,500 - 4,500 VND/kg.

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 23 around the world In the world, the pepper market on February 23 increased slightly in Indonesia but remained flat in other countries. Accordingly, the price of Lampung black pepper in Indonesia increased by 0.18%; increased to 3,912 USD/ton. The price of Muntok white pepper in this country also increased by 0.18%, 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 in Indonesia and remained stable in other markets. In 2023, China's average import price of pepper from the world will reach 4,328 USD/ton; down 10.2% compared to 2022. In particular, China's ...

Source: Agriculture