Pepper price today in Vietnam, March 11, 2024: Highest at 95,000 VND/kg

Published 2024년 3월 11일

Tridge summary

As of March 11, 2024, pepper prices remained steady globally. In Indonesia, Lampung black pepper was priced at 3,992 USD/ton and Muntok white pepper at 6,179 USD/ton. Malaysia's Kuching ASTA black and white peppers were at 4,900 and 7,300 USD/ton respectively. Brazil's ASTA 570 black pepper was at 4,400 USD/ton. In Vietnam, black pepper grades 500 and 550 g/l were at 4,100 and 4,200 USD/ton respectively, and white pepper at 5,900 USD/ton. The domestic market in Vietnam remained stable with the highest level being 95,000 VND/kg. The global pepper market is expected to remain vibrant due to a supply decrease from Vietnam and other major countries, leading to a global market deficit.

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

Original content

Pepper prices today March 11 in the world In the world, the pepper market on March 11 had no new fluctuations in many countries. Accordingly, the price of Lampung black pepper in Indonesia remained at 3,992 USD/ton. The price of Muntok white pepper in this country is anchored at 6,179 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 4,400 USD/ton. In Vietnam, export prices of black pepper grades 500 and 550 g/l remained at 4,100 and 4,200 USD/ton, respectively. The export price of white pepper reached 5,900 USD/ton. World pepper prices today remain stable. Summing up last week, the global pepper market only reported a decrease in India. Recently, IPC forecast that global pepper output in 2024 will continue to decrease by 1.1% (equivalent to 6,000 tons), mainly due to reduced output in Vietnam. Meanwhile, this ...

Source: Agriculture