Pepper price today June 18 in Vietnam: Increase 500 - 1,000 VND/kg in key growing areas vùng

Published 2021년 6월 18일

Tridge summary

Pepper prices in Vietnam have increased and are expected to rise further, according to the Chu Se Pepper Association. The current price in Dak Lak and Dak Nong is 72,500 VND/kg, and in Binh Phuoc it is 73,500 VND/kg. The spot price on the Kochi pepper exchange in India is at 41,785.7 rupees per quintal, the highest price achieved in the session. However, the COVID-19 pandemic and increased freight rates have affected the export volume of pepper, and global pepper supply is expected to be replenished from the Indonesian harvest.

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

Original content

Price movements of pepper in some raw material areas tintaynguyen.com After gaining 3 consecutive sessions, Dak Lak and Dak Nong traded at 72,500 VND/kg; Binh Phuoc has a price of 73,500 VND/kg. According to the Chu Se Pepper Association, in the coming time, pepper prices will gradually improve and may reach 90,000 - 100,000 VND/kg. However, some other opinions still do not believe that the increase will be as high as expected because of many unfavorable factors. In the world market, the spot price on the Kochi pepper exchange - India was at 41,785.7 rupees per quintal, also the highest price achieved in the session, according to giatieu.com. Price of pepper (Kochi - India) giatieu.com The cross rate of Vietnam Dong to Indian Rupees (INR) from June 17, 2021 to June 23, 2021 applied by the State Bank for export and import tax calculation is 315.27 VND/INR, source of State Bank of Vietnam Portal. The ongoing Covid-19 pandemic, causing the world economy to ...

Source: Vinanet