News

Pepper prices in Vietnam on January 26, 2024, continued a slight decrease

Whole Black Peppercorn
White Peppercorn
Vietnam
Market & Price Trends
Published Jan 26, 2024

Tridge summary

As of January 26, 2024, pepper prices have seen a slight decrease in Indonesia, while remaining stable in other countries including Vietnam, where export prices for black pepper grades 500 and 550 g/l are at 3,900 and 4,000 USD/ton respectively. Despite a minor domestic market decrease, global pepper exports have risen compared to 2022, with India experiencing a 5.5% increase. However, exports to the US and some European markets have fallen due to high inflation and interest rates. The Pepper and Spice Association (VPSA) attributes recent price increases to a limited supply of the old crop and a delayed harvest of the new crop.
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 January 26 in the world Around the world, the pepper market on January 26 decreased slightly in Indonesia but remained flat in other countries. Accordingly, the price of Lampung black pepper in Indonesia decreased by 0.31%, to 3,878 USD/ton. The price of this country's Muntok white pepper decreased by 0.29%, at 6,115 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 at 3,270 USD/ton. In Vietnam, export prices of black pepper grades 500 and 550 g/l remained at 3,900 and 4,000 USD/ton, respectively; increased by 200 USD. The export price of white pepper reached 5,700 USD/ton. Thus, world pepper prices on January 26, 2024 decreased slightly in Indonesia compared to yesterday. Pepper prices today January 26 in the country Domestically, the pepper market on January 26 continued to decrease slightly ...
Source: Agriculture

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