Pepper prices in Vietnam on April 6, 2024

Published Apr 6, 2024

Tridge summary

On April 6, 2024, the global pepper market experienced a minor uptick in prices in Indonesia, with both Lampung black pepper and Muntok white pepper prices increasing by 0.31%. However, pepper prices in other major producing countries like Malaysia, Brazil, and Vietnam remained stable. In Vietnam, despite stable domestic prices, pepper exports for February 2024 saw a decline in both volume and value compared to January 2024 and the previous year, although the average export price rose. Vietnam is now aiming to enhance its pepper exports to several countries including the US, India, Germany, the Netherlands, Korea, and Egypt, while reducing its export focus on the United Arab Emirates and the UK.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Pepper prices today April 6 in the world Around the world, the pepper market on April 6 increased slightly in Indonesia but remained flat in other countries. Accordingly, the price of Lampung black pepper in Indonesia increased by 0.31%; increased to 4,463 USD/ton. The price of Muntok white pepper in this country also increased slightly by 0.31%; 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 remains at 4,500 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. World pepper prices today increased slightly in Indonesia but remained stable in other markets. IPC commented that this week's pepper market continues to have mixed reactions. In particular, domestic and international ...
Source: Agriculture
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