Pepper prices today March 15, 2024: Domestic prices increased slightly again

Published Mar 15, 2024

Tridge summary

On March 15, 2024, pepper prices in Indonesia saw a slight decrease, while prices in other countries remained stable. In Vietnam, however, the domestic pepper market experienced an increase of 500 VND/kg. The Ministry of Agriculture and Rural Development highlighted that pepper has seen significant price increases recently. The first two months of 2024 saw a sharp decrease in Vietnam's export pepper output, leading to increased imports from other countries. It is anticipated that strong demand from China will push the price beyond 100,000 VND/kg in the near future.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Pepper prices today March 15 in the world In the world, the pepper market on March 15 decreased slightly in Indonesia but remained flat in other countries. Accordingly, the price of Lampung black pepper in Indonesia decreased by 0.05%; reached 4,180 USD/ton. The price of Muntok white pepper in this country also decreased by 0.05%; at 6,187 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 4,400 USD/ton. In Vietnam, export prices of black pepper grades 500 and 550 g/l remained at 4,100 and 4,200 USD/ton, respectively. The export price of white pepper reached 5,900 USD/ton. Latest world pepper price list on March 15, 2024. Unit: USD/ton Thus, world pepper prices on March 15, 2024 decreased in Indonesia compared to yesterday. Pepper prices today March 15 in the country Domestically, the pepper market on March 15 ...

Source: Agriculture