News

Pepper price today March 24, 2024 in Vietnam: Increased to 96,000 VND/kg

Whole Black Peppercorn
White Peppercorn
Vietnam
Market & Price Trends
Published Mar 24, 2024

Tridge summary

As of March 24, 2024, global pepper prices have remained stable with minor decreases noted in Indonesia. Vietnam's export prices for black and white pepper are steady at 4,200-4,300 USD/ton and 6,000 USD/ton respectively, while domestic prices have seen a slight increase, reaching 96,000 VND/kg. A decrease in the growing area in Vietnam and Indonesia is expected to result in a drop in global pepper production to 465 thousand tons this year.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Pepper prices today March 24 in the world Around the world, the pepper market on March 24 simultaneously went sideways in many countries. Accordingly, the price of Lampung black pepper in Indonesia decreased slightly by 0.70%; about 4,305 USD/ton. The price of Muntok white pepper in this country decreased by 0.71%; at 6,219 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 remained at 4,375 USD/ton. In Vietnam, export prices of black pepper grades 500 and 550 g/l remained at 4,200 and 4,300 USD/ton, respectively. The export price of white pepper is anchored at 6,000 USD/ton. Today's world pepper prices have no new fluctuations. Summing up this week, the pepper market continued to react mixed. Of these, only Sri Lankan domestic prices were reported to decrease. After a downward trend over the past 4 weeks, domestic and ...
Source: Agriculture
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