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Pepper price today May 26, 2024 in Vietnam: Has increased to 120,000 VND/kg

Published May 26, 2024

Tridge summary

As of May 26, 2024, global pepper prices have remained stable with no fluctuations, with prices for Lampung black pepper in Indonesia, Muntok white pepper in Malaysia, and Brazilian ASTA 570 black pepper all maintained. In Vietnam, black pepper grades 500 and 550 g/l and white pepper are also priced steadily. The global pepper market has shown positive performance with no decrease reported, while in Vietnam, domestic pepper prices have seen an increase of 500 - 1,000 VND/kg for five consecutive days, reaching up to 120,000 VND/kg due to concerns about scarce supply and aging pepper gardens leading to a decrease in cultivated area and pepper output. Experts predict that domestic pepper prices are likely to continue increasing in the near future due to demand exceeding supply.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

World pepper prices today May 26 Around the world, the pepper market on May 26 remained stable. Accordingly, the price of Lampung black pepper in Indonesia is anchored at 5,000 USD/ton. The national price of Muntok white pepper remains at 7,179 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 5,000 USD/ton. In Vietnam, export prices of black pepper grades 500 and 550 g/l remained at 4,800 and 5,000 USD/ton, respectively. The export price of white pepper is anchored at 7,200 USD/ton. Today's world pepper prices have no new fluctuations. This week, the global pepper market performed positively with no country reporting a decrease. Thus, world pepper prices on May 26, 2024 have no new fluctuations compared to yesterday. Pepper prices today May 26 in the country Domestically, the pepper market on May 26 continued its ...
Source: Agriculture
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