Pepper price today June 30: fluctuated from 47,000 to 50,000 VND/kg

Published 2020년 6월 30일

Tridge summary

Pepper prices in Vietnam's Central Highlands and the South remain stable, ranging from 47,000 to 50,000 VND / kg on June 30, 2020. However, global pepper prices in May 2020 saw mixed fluctuations, with increases in Vietnam and Indonesia but decreases in India and China. The total export of pepper in Vietnam in June 2020 is estimated to be 21,644 tons, a decrease of 28.68% in volume and 20.63% in turnover compared to May 2020. Experts forecast that pepper prices will continue to remain low or decrease due to increased cultivated areas, leading to oversupply. However, prices are expected to recover by the end of 2020 due to the return of supply and demand equilibrium and businesses buying at low prices. From 2021, prices are predicted to increase due to decreased output in most countries and increased quality of pepper and labor costs.

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

Original content

(Tieudung.vn) - Pepper prices today June 30, 2020 in the Central Highlands and the South are flat compared to yesterday's session. Pepper price is currently ranging from 47,000 to 50,000 VND / kg. As noted in the domestic market of agricultural prices, pepper prices today are on 30/6/2020 sideways compared to the previous session. Specifically, in Dak Lak, Dak Nong, pepper prices today were purchased at 48,500 VND / kg. In Gia Lai and Dong Nai provinces, the price of pepper today is VND 47,000 / kg. In Ba Ria - Vung Tau province, pepper price today was 50,000 VND / kg, this is the locality with the highest price in the whole region. In Binh Phuoc province, the price of pepper today was purchased at 48,500 VND / kg. Thus, the price of pepper throughout the region today ranges from 47,000 to 50,000 VND / kg. Pepper price today June 30: fluctuated from 47,000 to 50,000 VND / kg. Earlier, in the world market, export prices of all kinds of pepper in May had mixed fluctuations, ...

Source: tieudung