Pepper price today May 27, 2024 in Vietnam: Last week increased sharply by 9,000 VND/kg

Published May 27, 2024

Tridge summary

As of May 27, 2024, global pepper prices have remained stable with no fluctuations, with prices for various peppers in Indonesia, Malaysia, Brazil, Vietnam, and locally in Vietnam also remaining unchanged. The domestic pepper market in Vietnam is experiencing steady prices, ranging from 119,000 to 120,000 VND/kg, due to the effective price support of other agricultural products like durian and coffee, leading to pepper hoarding by growers. This situation poses challenges for businesses in terms of pepper purchasing and signing new contracts, as consumers have not yet adjusted to the increased prices.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

World pepper prices today May 27 In the world, the pepper market on May 27 had no new fluctuations. 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. World pepper prices today remain stable. Last week, the pepper market grew well with no country reporting a decrease. Thus, world pepper prices on May 27, 2024 continue to move sideways compared to yesterday. Pepper prices today May 27 in the country Domestically, the pepper market on May 27 remained stable compared to yesterday. ...
Source: Agriculture
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