Pepper price today January 8, 2025: Strong increase, international pepper price continues to increase in Indonesia

Published 2025년 1월 8일

Tridge summary

The article reports a significant increase in the domestic pepper price in Vietnam, with the highest record at 151,000 VND/kg in key provinces like Dak Lak, Lam Dong, Gia Lai, Dak Nong, Ba Ria - Vung Tau, and Binh Phuoc. This surge is due to anticipated limited supply and high demand, with expectations of a recovery in Vietnam's pepper output to 200,000 tons by 2025, contrasting with a potential decrease in India's output due to adverse weather. Additionally, Vietnam's pepper imports surged in 2024, reaching 36,727 tons and 176.2 million USD in total turnover. Meanwhile, global pepper prices remained stable on January 8, 2025. The rise in pepper prices is viewed as a positive development for the Vietnamese pepper industry, despite challenges such as competition from durian and coffee cultivation and a delayed harvest due to drought.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: baonghean.vn Domestic pepper price today The highest pepper purchase price in key pepper regions (Dak Lak, Lam Dong, Gia Lai, Dak Nong, Ba Ria - Vung Tau, Binh Phuoc) was recorded at 151,000 VND/kg. Specifically, in Dak Nong province, pepper price is at 151,000 VND/kg. An increase of 1,000 VND/kg compared to yesterday. In Gia Lai, pepper price is 149,500 VND/kg. An increase of 1,000 VND/kg compared to yesterday. In Dak Lak, pepper price is 150,500 VND/kg. An increase of 1,500 VND/kg compared to yesterday. In Binh Phuoc and Dong Nai, pepper price today is at 150,000 VND/kg. An increase of 2,000 VND/kg compared to yesterday. In Ba Ria - Vung Tau, pepper price today is at 150,000 VND/kg. An increase of 1,000 VND/kg compared to yesterday. Thus, pepper price today increased sharply in many key provinces, in the domestic market, currently the lowest price is 149,500 VND/kg. By 2025, Vietnam's pepper output is expected to recover and increase to 200,000 tons, while output in ...
Source: AgroInfo.vn

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