Pepper price in Vietnam today, January 18, 2024: Increased to 82,000 VND/kg

Published 2024년 1월 18일

Tridge summary

World pepper prices decreased slightly in Indonesia but remained stable in other countries on January 18, with prices in Vietnam showing a slight increase. Domestic pepper prices in Vietnam increased to around 79,000 - 82,000 VND/kg, marking the third consecutive session of price increases. Vietnamese pepper exports have been successful, reaching almost 1 billion USD in 2023, and are benefiting from advantages in the competitive market due to trade agreements and increasing demand from countries like the US and China.

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

Original content

Pepper prices today January 18 in the world Around the world, the pepper market on January 18 continued to decrease in Indonesia but remained unchanged in other countries. Accordingly, the price of Lampung black pepper in Indonesia decreased by 0.31%, to 3,910 USD/ton. The price of Muntok white pepper in this country decreased by 0.29%; at 6,165 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; increased by 200 USD. The export price of white pepper reached 5,700 USD/ton. World pepper prices today continued to decrease slightly in Indonesia and remained stable in other markets. Thus, world pepper prices on January 18, 2024 still decreased slightly in Indonesia compared to yesterday. ...

Source: Agriculture