Vietnam: Peppercorn prices fell for the 5th day in a row

Specifically, today's pepper price in Gia Lai, Dong Nai is the lowest in the market at 70,000 VND/kg. Pepper prices in Dak Nong and Dak Lak provinces (71,000 VND/kg); Binh Phuoc (72,500 VND/kg) and Ba Ria - Vung Tau at the highest threshold 72,500 VND/kg. On the international market, at the end of the latest trading session, the International Pepper Community (IPC) listed the price of Vietnamese black pepper at $3,500/ton with 500 g/l grade and 550 g/l grade. 3,600 USD/ton; white pepper price is at 5,000 USD/ton. Pepper price today 10/6/2023, paradoxically selling more goods but collecting less money, need to monitor the push-pull of supply and demand. Thus, the domestic pepper market recorded the 5th consecutive decrease in price this week. According to the Vietnam Pepper and Spices Association (VPSA), in May 2023, Vietnam exported 28,759 tons of pepper of all kinds, 25,850 tons of black pepper and 2,909 tons of white pepper. Total export turnover reached 89.6 million USD, black ...